Legislative and economic changes have improved the federal government’s short-term deficit, according to a new outlook from the Congressional Budget Office.

However, the federal deficit is still on pace to hit almost $1 trillion within the next 10 years and the nation’s accumulated debt is never expected to return to pre-recession levels.

Recommended Stories

Asylum courts got a reset. Congress should make it stick

Voters who helped Trump win in Michigan are having second thoughts

Piker sues Scott Jennings for $72.5 million in defamation case