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Barack Obama
Related: About this forumObama Sees 2013 Deficit Lowest in Five Years, GDP Growth at 2.0%
The Obama administration projects that the federal budget deficit will drop to the lowest level in five years, $759 billion for the year ending Sept. 30, as the economy improves and tax collections increase.
The Office of Management and Budget said in an update of its forecasts that the economy may grow 2 percent this calendar year. Thats slower than the 2.3 percent growth rate predicted three months ago. The median forecast of 86 analysts surveyed by Bloomberg is for a 1.9 percent gain.
The Office of Management and Budget said in an update of its forecasts that the economy may grow 2 percent this calendar year. Thats slower than the 2.3 percent growth rate predicted three months ago. The median forecast of 86 analysts surveyed by Bloomberg is for a 1.9 percent gain.
More at link:
http://www.bloomberg.com/news/2013-07-08/obama-sees-2013-deficit-drop-to-759-billion-gdp-growth-at-2-0-.html
On honor of Politicub!
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Obama Sees 2013 Deficit Lowest in Five Years, GDP Growth at 2.0% (Original Post)
Just Saying
Jul 2013
OP
demosincebirth
(12,740 posts)1. And without the Party of No.
Cha
(305,137 posts)3. Zactly, demosincebirth!
demosincebirth
(12,740 posts)7. Love your sig!
SunSeeker
(53,600 posts)2. K & R
Cha
(305,137 posts)4. In honor of your thread, Just Sayin'
Politicub
(12,287 posts)5. Aw, thanks Just saying
This is good news indeed. Amazing, actually.
JustAnotherGen
(33,394 posts)6. Glad to see it here again