United States Congressional Budget Office

United States Congressional Budget Office

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  Projected lower deficit could slow any budget deal

  The good news is the budget deficit for the current year is projected to come in well below what was estimated just a few months ago. The bad news for ... 

• 2013 deficit estimate lowered to $642 billion

  The budget deficit for the current year is projected to come in well below what was estimated just a few months ago, a development that could further ... 

• US budget deficit for March grows by $107 billion

  The U.S. federal budget deficit grew more slowly in March than the previous month, keeping the annual spending shortfall on pace to finish below $1 ... 

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  Gov't finances are improving over the short term

  The annual federal budget deficit is sinking out of $1 trillion-plus nosebleed territory where it has hovered for the past four years. 

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  New VA clinics, expansions left in limbo

  A veterans' health clinic in Brick, N.J. is in such disrepair that when the snow gets heavy, patients have to go elsewhere for fear the roof might ... 

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  January surplus shrinks 2013 US budget deficit

  The federal government reported a rare surplus for January and is on track to run the lowest annual deficit since President Barack Obama took office. 

• CBO: Budget deficit estimated at $845B

  The federal budget deficit will drop below $1 trillion for the first time in President Barack Obama's tenure in office, a new report said Tuesday. 

• US economy could handle short fall over 'cliff'

  The economic threat that's kept many Americans on edge for months is nearing reality — unless the White House and Republicans cut a budget deal by New ... 

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  US economy could withstand brief fall off 'cliff'

  It's the scenario that's been spooking employers and investors and slowing the U.S. economy: Congress and the White House fail to strike a budget deal ...