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Federal Reserve Bank of Dallas
Economic Letter
U.S. budget deficits shrink, but long-run issues remain
Jason L. Saving
Abstract

Compared with a $63.2 billion increase in discretionary domestic spending, the overall budget bill is estimated to reduce the deficit by $22.6 billion over the next 10 years—though this does not mean deficits would fall in each year of the deal.


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Jason L. Saving, "U.S. budget deficits shrink, but long-run issues remain" , Federal Reserve Bank of Dallas, Economic Letter, volume 9, issue 3, pages 1-4, March 2014.
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