An Update to the Budget and Economic Outlook: Fiscal Years 2012 to 2022

An Update to the Budget and Economic Outlook: Fiscal Years 2012 to 2022

Report

For fiscal year 2012, the federal budget deficit will total $1.1 trillion, CBO estimates, marking the fourth year in a row with a deficit of more than $1 trillion.

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Subsequent projections appear in Budget and Economic Outlook and Updates.

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