Report: US politicians’ deficit to rise to $544 billion this year

posted by
January 19, 2016
ABC News    
Posted in News

"A government report released Tuesday estimates that this year's budget deficit will rise to $544 billion, an increase over prior estimates that can be attributed largely to tax cuts and spending increases passed by Congress last month. The deficit and debt picture over the long-term has also worsened considerably. The estimate from the Congressional Budget Office also sees the economy growing at a slower pace this year than it predicted just a few months ago." (01/19/16)

http://abcnews.go.com/Politics/wireStory/govt-report-budget-deficit-rise-544b-year-36375945  

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