Deficit set to decrease this year

The article is about how the deficits are falling for now. The article states that this year the deficit is expected to be half that — around 5.3% of GDP, the Congressional Budget Office estimates. It also says that There are several reasons for the downward trend. The economy is on the mend. Incoming federal revenue has risen from 60-year lows and will soon top its historical average for much of the next decade.

For more details on the article Click Here