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US yearly deficits projected to average $2 trillion over next decade: report

Por: The Hill Politics February 16, 2023

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The nation’s annual budget deficits are projected to average $2 trillion over roughly the next decade, according to figures released by the Congressional Budget Office (CBO) on Wednesday. In the recent , the CBO projected the federal budget national deficit would reach $1.4 trillion for fiscal 2023, $400 billion higher than its May 2022 estimate. Fiscal watchdogs are also dialing up the heat on Congress to come to a bipartisan solution on... + full article



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