US yearly deficits projected to average $2 trillion over next decade: report
The nation’s annual budget deficits are projected to average $2 trillion over roughly the next decade, according to figures released by the Congressional Budget Office (CBO) on Wednesday. In the recent 2023-2033 “Budget and Economic Outlook” report, the CBO projected the federal budget national deficit would reach $1.4 trillion for fiscal year 2023, $400 billion [...]