Business

Budget deficit drops to $483B, lowest since 2008

By Andrew Taylor
Published October 15, 2014 3:43pm ET
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Budget deficit drops to $483B, lowest since 2008
WASHINGTON (AP) — The deficit for the just completed 2014 budget year was $483 billion, the lowest of President Barack Obama’s six years in office, the government reported Wednesday. It’s the lowest since 2008 and, when measured against the size of the economy, is below the average deficits of the past 40 years. The deficit […]

WASHINGTON (AP) — The deficit for the just completed 2014 budget year was $483 billion, the lowest of President Barack Obama’s six years in office, the government reported Wednesday.

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Budgets and Deficits National Debt