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Katherine C. Pearson, Editor, and a Member of the Law Professor Blogs Network on LexBlog.com

CBO projects deficit…again

CBOexpects the 2007 deficit to total $158 billion–a $90 billion declinefrom the deficit recorded for 2006. Nevertheless, the budget outlookfor the long term remains daunting, primarily because of rising costsfor health care.

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The Budget and Economic Outlook: An Update,  August 2007  pdf  data  charts

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