US Deficit Forecast at $744 bln in 2014

US Deficit Forecast at $744 bln in 2014

US Deficit Forecast at $744 bln in 2014

(Washington) – US President Barack Obama’s budget unveiled forecasts a deficit of $744 billion dollars in fiscal year 2014, a senior US official said. The figure equates to a deficit of 4.4 percent of gross domestic product in 2014, compared to a forecast deficit of 5.5 percent of GDP for fiscal year 2013.

Posted on Apr 11 2013. Filed under Business, Headlines. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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