Author Topic: Government Day-to-Day  (Read 7080 times)

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Offline waldo

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Re: Government Day-to-Day
« Reply #30 on: December 17, 2019, 12:01:24 pm »
The deficit is now 34% higher than projected just 8 months ago, supposedly in a healthy economy. Why would anyone believe their projections six months from now, let alone five years.

already answered: again, your highlighted 34% increase (from $19.8 billion for the 12-month period that ends in March... now slated to hit $26.6 billion) is principally driven by changes to how employee pensions and benefits are calculated: