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US deficit is projected to roughly double this year: watchdog
The U.S. deficit is projected to roughly double this year, largely due to higher interest rates and lower tax revenue. The Committee for a Responsible Federal Budget, an organization that pushes for lowering the deficit, is projecting the federal deficit will double this year to total about $2 trillion for the fiscal year that ends Sept. 30.
Media Miss by the Left
See who else is reporting on this story and which side of the political spectrum they lean.
13 other sources covering this story
Total News Sources
13
Leaning Left
2
Center
3
Leaning Right
6
Last Updated
2 weeks ago
Bias Distribution
Left 18%
Center 27%
Right 55%