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U.S. Annual Budget Deficit Smallest in Nearly Seven Years

Wall Street Journal Original article ›

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Congressional Budget Office (CBO) 10 year projections on the U.S. economy in Jan. 2014

02/05/2014

Growth in GDP expected at 3% for 2014-2017, with low inflation at 2%, budget deficit at 3% increasing to 4% in years after 2015, and government debt to GDP increasing from 74% in 2014 to 79% by 2024. A liitle over $1 trillion in additional debt will be added by 2024 as a result of an aging population, lower number of people working, lower growth rates after 2015, and the increasing cost of health care.

Grouped Articles

CBO | The Budget and Economic Outlook: 2014 to 2024

Unknown 02/05/2014

Good News and Bad in CBO Deficit Projections

Wall Street Journal 02/05/2014

Sluggish Economic Recovery Proves Resilient

Wall Street Journal 04/21/2014

U.S. Economic Recovery Looks Distant as Growth Stalls

New York Times 06/11/2014

Budget Deficit Returns to Prerecession Levels

Wall Street Journal 10/16/2014

U.S. Racks Up Smallest Deficit Since 2007

Wall Street Journal 01/14/2015

The U.S. economy and difficult choices in 2012-2013 as seen in Congressional Budget Office (CBO) projections

01/16/2009

The U.S. faces difficult choices in 2012-2013- efforts to close the deficit by letting the Bush tax cuts and payroll tax cuts expire and making spending reductions will lead to low growth. Not doing this will lead to growth with much higher deficits and unsustainable debt levels.

Grouped Articles

Four Deficit Myths and a Frightening Fact

Wall Street Journal 01/19/2012

CBO | The Budget and Economic Outlook: 2014 to 2024

Unknown 02/05/2014

Budget Deficit Returns to Prerecession Levels

Wall Street Journal 10/16/2014

U.S. Racks Up Smallest Deficit Since 2007

Wall Street Journal 01/14/2015

U.S. Annual Budget Deficit Smallest in Nearly Seven Years

Wall Street Journal 06/11/2015

Deficit Is Again Set to Top $1 Trillion

Wall Street Journal 02/01/2012

U.S. calendar year budget deficit of $488 billion for 2014 brings deficit below 3% of GDP

01/14/2015

Grouped Articles

U.S. Racks Up Smallest Deficit Since 2007

Wall Street Journal 01/14/2015

U.S. Annual Budget Deficit Smallest in Nearly Seven Years

Wall Street Journal 06/11/2015


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