Friday 13 February 2015

US budget deficit running 6.2 percent higher than last year - 2015 budget to have deficit of $583 billion : President Barack Obama unveiled last week his new budget proposal, which projects the 2015 deficit to rise to $583 billion, sharply higher than the CBO's latest estimate. Obama's new budget is asking Congress for authorization to spend $4 trillion next year and projects a 2016 deficit of $474 billion.


No comments:

Most viewed