Monday, January 26, 2015

3 of 2 Budget forcast sees end to steep declines in federal deficit 



The federal budget deficit will continue to decline over the next year but despite Americas economy being on the ups, the deficit will rise again in 2017 because of an aging population. Now lawmakers face the problem about what to do about increased Medicare and social security spending that reflects the aging population but not the good economy. The forecast might get Obama to change his policy proposals. I was wondering how they actually estimate these budgets?

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