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Federal deficit to soar in 2016 after Ryan-Obama tax deal

Tuesday, January 19, 2016 11:35
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It’s Your Backyard Ventura County The federal budget deficit will soar this year, the Congressional Budget Office reported Tuesday, after President Obama and Congress gave up on austerity late last year, embracing spending hikes and massive new tax cuts that have left the government awash in red ink. Adding to the problems is a projected rise in interest rates, which […]

Tags:  budget, Obama, Omnibus bill, Ryan, The Washington Times


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Source: http://citizensjournal.us/federal-deficit-to-soar-in-2016-after-ryan-obama-tax-deal/

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