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Budget Deficit Will Shrink To Smallest Since 2008
11 Feb 2013

Budget Deficit Will Shrink To Smallest Since 2008

The nonpartisan Congressional Budget Office released its annual budget and economic outlook through 2023 on Tuesday, showing that budget deficits will shrink to $845 billion this year, the smallest since 2008 and will drop to $430 billion by 2015, according to CBO’s annual fiscal outlook.

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