When President Obama released his budget in March, he projected annual deficits would remain under $600 billion. However, in a new report, the Congressional Budget Office sees deficits reaching $800 billion, with a total difference of $1.6 trillion over 10 years.
When President Obama released his budget in March, he projected annual deficits would remain under $600 billion. However, in a new report, the Congressional Budget Office sees deficits reaching $800 billion, with a total difference of $1.6 trillion over 10 years.