The U.S. will post the narrowest budget deficit this year as a share of the economy since 2007 as stronger growth helps boost tax revenue, according to the Congressional Budget Office...
Tuesday, February 04, 2014
Deficit Decline
Deficit to Fall to $514 Billion in 2014, U.S. Budget Agency Says - Businessweek:
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2 comments:
i don't know how your system works but when our federal government lowered the deficit years ago they merely off loaded a lot of stuff onto the provinces. net result, federal balanced budget but the provinces wound up with huge deficits. they say ontario is a basket case.
That's the way the GOP does it. Obama actually did cut spending-- a good bit of which he should not have cut. imho.
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