Budget Office: this year’s deficit to hit $1.28 Trillion


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According to the Congressional Budget Office, this year’s deficit will be about $1.28 trillion, the third highest deficit in history, exceeded only by the previous two budgets of the Obama administration.

Note also that any cuts mentioned in the above article are not cuts, merely reductions in the overall growth of government. (Another example of a journalist lying for the government.) All told, the federal government will still continue to grow in the next few years at a pace that far exceeds inflation, the economy, or anything you can imagine in the real world.

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