Live Your Legacy
Home Page » Articles » Economic Commentaries » Deficit Distraction

Deficit Distraction

Weekly Economic Commentary

August 26, 2013 - The non-partisan Congressional Budget Office continues to project that the budget deficit in Fiscal Year 2013 will total $642 billion, or around 4.0% of GDP.

A better economy, a stronger labor market, spending cuts from sequestration, and tax increases are all contributing to improving the short-term deficit.

Despite overall improvement, federal spending on mandatory programs still runs faster than GDP.

 

Click here to read more ... (PDF opens in new window / tab)

 

 

 

Legal | Privacy Policy | Insurance Quote | Careers | Contact Us | Staff Login | RSS | Sitemap | Download Our Brochure

©2007-2017 RetirementGeeks.com

2840 Plaza Place Suite 206, Raleigh, NC 27612

Toll-Free 888-854-7526 • Local 919-881-2850 • Fax 800-785-1070

info@llgfinancial.com