WDAY: The News Leader

Published January 31, 2012, 09:38 AM

Federal budget deficit to dip to $1.1T, CBO says

WASHINGTON (AP) — A new budget report released Tuesday predicts the government will run a $1.1 trillion deficit in the fiscal year that ends in September, a slight dip from last year but still very high by any measure.

By: ANDREW TAYLOR, Associated Press

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