CBO Projects U.S. Deficits To Fall Slightly

January 26, 2010 10:01 AM EST
The Congressional Budget Office projects this year's federal budget deficit will fall to $1.35 trillion from the nearly $1.4 trillion previously projected, due to lower spending bank bailout and stronger than expected economic growth, falling

For 2015, the deficit is expected fall to $480 billion from the previous projections of $560 billion.

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