Lifestyle Articles

huffingtonpost

2013 Deficit To Shrink To $642 Billion: Congressional Budget Office

May 14, 2013

WASHINGTON (AP) ? A new government estimate says the budget deficit for the current year will come in well below what was projected just a few months ago.

The Congressional Budget Office study predicts a 2013 budget deficit of $642 billion, more than $200 billion below its February estimate.

CBO says higher tax revenues and better-than-expected bailout repayments by mortgage giants Fannie Mae and Freddie Mac are the key reasons for the improved outlook.


Read More...
More on Debt

Read entire article on huffingtonpost
« Previous Article Next Article »

More From Lifestyle Articles

  • Review of Water Damage Rescue INC, Calabasas
  • Review of Melonas & Associates, Newhall
  • Review of Family Ayala's Upholstery, Canoga Park
  • Write a Story/Review about this topic

    Post a Comment

     

    Best of Luxury

    Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
    View All Best of Luxury
    THINGS WE LIKE