The US Budget Deficit Will Shrink For The 6th Straight Year

According to new estimates from the Congressional Budget Office (CBO), the US budget deficit will shrink to $468 billion in 2015.

This assumes 3% GDP growth in 2015.

This is down from $483 billion a year ago.

"This will mark the sixth consecutive year in which the deficit—at 2.6% of gross domestic product (GDP)—has declined relative to the size of the economy since peaking at 9.8% in 2009," the CBO noted.

...there is a GREAT 1965-2025 chart at
[link to www.businessinsider.com]