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Obama’s Budget Deficit = The Best In Decades

 
Kali Yuga
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10/20/2014 03:02 PM
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Obama’s Budget Deficit = The Best In Decades
The shortfall for the fiscal year that ended in September was sharply lower than the $680 billion tallied in fiscal 2013 and about a third the size of the record $1.4 trillion deficit hit in 2009, the year President Obama took office.

"The White House hailed a return to "fiscal normalcy" Wednesday, reporting that the federal budget deficit shrank to $483 billion last year, the lowest level as a share of the economy since 2007, before the Great Recession.

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Last Edited by Kali Yuga on 10/20/2014 03:03 PM
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