Budget Deficits Projected To Swing To Surpluses Vast Improvement In Federal Finances In Next Decade Could Be Enough To Permit Giant Funding Gains For NASA, Missile Defense, Other Federal Programs The annual federal government budget deficit will plunge by an effective $328 billion from the fiscal year ending Sept. 30, 2010 to fiscal 2012, the nonpartisan Congressional Budget Office estimated last week. That would be followed by more years flush with revenues, to create federal budget surpluses in place of…
CBO Sees Huge Reduction In Deficits Beginning In Three Years
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