The Congressional Budget Office projects $1 trillion in federal budget deficit in 2022 and expects federal debt held by the public to fall to 96 percent of gross domestic product by 2023
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The Congressional Budget Office reports the federal budget deficit amounted to $200 billion over the first two months of the government’s 2016 fiscal year, a $22 billion increase from the same period in fiscal 2015. CBO
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The Treasury Department said the U.S. budget deficit hit $194 billion for the four months of fiscal 2015, compared with the $183 billion shortfall in the same period last fiscal year, the Wall Street Journal
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A U.S. Congressional Budget Office report indicates the federal deficit for fiscal 2014 amounted to $486 billion, the smallest budget gap recorded over the past six years. CBO said Wednesday the FY
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