Oct. 4th, 2011

hudebnik: (teacher-mode)
With the end of the Federal fiscal year, I've posted updated deficit numbers.

Executive summary: the rapid deficit-cutting since fiscal 2008-2009 continues, and even accelerates slightly. Extrapolating from the past two years, the Federal budget will be down to pre-recession deficit levels in 2011-2012, and run a surplus in 2014-2015.

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hudebnik

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