The Budget and Economic Outlook: 2015 to 2025 | Congressional Budget Office

The Budget and Economic Outlook: 2015 to 2025 | Congressional Budget Office.


Note from P.L. Johnson

The budget deficit for FY 2015 is estimated to come in at $468 billion, which is calculated at 2.6% of GDP and will be the lowest budget deficit since President Obama took office, as well as being lower than the 2.7% average for the past fifty years.

CBO and JCT also project the Affordable Care Act costs to the federal government to be a full 20 percent less than originally forecast for the five year period ending in 2019.

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2 Responses to The Budget and Economic Outlook: 2015 to 2025 | Congressional Budget Office

  1. Well, he’s a Republican so I guess there’s not much more to say about that one. Did you read where the Koch Brothers are going to spend $889 million on the 2016 Presidential Election? That’s a couple hundred million more than what was poured into the 2012 election, which means we’ll not only be getting misleading advertisements 24/7, they’ll be piped into our sleeping quarters so they can brainwash us while we’re sleeping! Can’t have any missed opportunities.

  2. Richard Walrath says:

    Meanwhile, Ohio governor Kasich is out in the mountain states peddling a balanced budget amendment. Back in Ohio, the state is receiving millions of dollars to expand Medicaid. Nothing like working both ends against the middle and talking oput of both sides of your moutgh at the same time.

    Date: Tue, 27 Jan 2015 13:56:33 +0000 To: walrath@articlesandanswers.com

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