Stock market up,deficit down Rising revenues to shrink deficit rapidly through 2015: CBO WASHINGTON (Reuters) - The deficit is shrinking considerably more quickly than previously thought, the Congressional Budget Office said on Tuesday in a report that could sap Congress' sense of urgency to find further budget savings. In one fell swoop, the non-partisan budget referee slashed its deficit forecast for the current fiscal year by $203 billion from estimates made in February to $642 billion - making it the smallest budget shortfall since 2008. The CBO said the deficit will fall to $378 billion by 2015 with no congressional action - a sharp contrast to the $1 trillion recession-driven deficits in each of President Barack Obama's first four years in office.
If Obama were a stock,.. If Obama were a stock he would be incorporated in Utah and Pat Bryne would replace Carney.
And this has helped Obama's voting base how? Tell us how the average Detroit inner city 20 something has benefited? Is this where Obama is getting all his 'free' money from to pay for all those new kitchens and gas his voters thought they were getting? There is a reason Obama isn't taking credit for this...