Econ Comments & Analysis
Forbes | Don't Get Used To Shrinking Deficits
The federal deficit is shrinking, which should be good news for all who care about the budget. The deficit is expected to decline to $469 billion in 2015, according to the Congressional Budget Office. This is below the historical average of the last forty years, and significantly below the trillion dollar deficits incurred each year from 2008 to 2011.
