Tuesday, May 14, 2013

Budget Office Cuts Estimate of Nation’s 2013 Deficit by 24%

http://www.nytimes.com/2013/05/15/business/cbo-cuts-2013-deficit-estimate-by-24-percent.html?hp&_r=0

The Congressional Budget Office slashed its projections of the current-year fiscal deficit because of bigger-than-expected tax receipts and payments from Fannie Mae and Freddie Mac.

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