By: Wall Street Pit
January 22, 2013 at 12:58 PM EST
The US budget deficit has been large for quite a while, and there doesn’t seem to be a lot in terms of revenue increases or expenditure cuts in the pipeline. Consider that in the latest budget deal, tax hikes will raise $22 billion this year, while the special-interest business and energy tax credits will reduce [...] View the full post at: CBO Shenanigans Related posts: IMF Upgrades 2010 Forecast U.S. Borrowing More From Domestic Rather than Foreign Sources, CFR World Bank Says Global Economy Entering an Era of Slower Growth
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