US CBO: debt ceiling bill to cut $1.5T from deficit over decade

WASHINGTON  -The U.S. Congressional Budget Office said on Tuesday its budget deficit projections would be reduced by about $1.5 trillion over the next 10 years if the debt ceiling bill now up for a vote in Congress were enacted in its present form. The projection comes following the debt ceiling deal struck last weekend between … Continue reading US CBO: debt ceiling bill to cut $1.5T from deficit over decade