Budget Deficit

December 3, 2018 The Congressional Budget Office recently released its budget deficit forecast for the period from 2018-2028  The budget deficit for fiscal year 2018 came in at $779 billion.  For the current fiscal year (FY 2019)  the budget deficit is projected to be...

Debt Outstanding

December 3, 2018 The Congressional Budget Office recently released its  budget deficit projections for the decade from 2018-2028.  For the current fiscal year it projects a budget deficit of $1.1 trillion.   A deficit of that magnitude will push debt held by the...