Categories
Politics

Thanks Obama! Projected Budget Heading For a Six Year Low

Good news for America, bad news for the propaganda machine that is otherwise known as the Republican party! Even with all the roadblocks they have put up in America’s way, the projected budget for the year 2014 should be between $300 to $500 billion.

The U.S. government ran a big surplus in April, thanks to a flood of tax payments that helped keep the budget on track for the lowest annual deficit in six years…. Through the first seven months of the 2014 budget year, which began Oct. 1, the deficit totals $306.4 billion. That’s down 37 percent from the same period last year.
The Congressional Budget Office is forecasting a deficit of $492 billion for the full budget year. That would be the narrowest gap since 2008.

Exit mobile version