Why Wasn’t Last Week’s 30% Reduction In The Deficit Big News?
December 19, 2011 at 18:40 PM EST
I have to admit that I didn’t notice it either when the Treasury last week showed that the fiscal 2012 deficit could be almost 30 percent lower than the deficit actually recorded in fiscal 2011. The new estimate of $996.5 billion for the 2012 deficit that was included in table 2 of the Monthly Treasury [...]