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Mid-session budget review released by White House

By   || July 23, 2010 at 19:05 GMT
|| 1 comment || Add comment

The bad news? the 2010 US budget deficit is seen at $1.47 trln, according to the White House. The good news? It was forecast to rise to $1.57 trln.

Another $1.4 trln deficit is expected next year.

Debt held by the public is seen at 62.7% of GDP for 2010 and is set to rise to 68.9% next year.

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One Response to “Mid-session budget review released by White House”

  1. Geithner’s GDP Whopper | Extreme Conservatives on July 28th, 2010 15:15 GMT

    [...] to the Mid Session Review released by the OMB on July 23 — two days before Geithner spoke — the Obama administration is proposing federal [...]

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