2015 Budget and Economic Outlook
Douglas Elmendorf held a news conference on the Congressional Budget Office projected economic outlook and budget deficit spanning the… read more
Douglas Elmendorf held a news conference on the Congressional Budget Office projected economic outlook and budget deficit spanning the period from 2015 to 2025. According to the report, the fiscal year 2015 budget deficit would be the lowest of the Obama presidency, but it also predicted rising deficits beginning in 2018 as Social Security, Medicare, and interest payments increase. close
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