Comments for: White House trims 2014 deficit projection to $583 billion

Posted July 12, 2014, at 9:29 a.m.

WASHINGTON — The White House lowered its U.S. federal deficit forecast for the 2014 fiscal year by $66 billion to $583 billion on Friday on the basis of gathering economic momentum as evidenced by gains in hiring. “The deficit has been cut by more than half as a share of …

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