New projections of deficits provoke no response from Congress

Published January 31, 2020 5:00am ET



New projections show a deteriorating fiscal outlook for the federal government, but Congress is not debating changing course.

A year ago, the Congressional Budget Office projected that trillion-dollar deficits would not begin until 2022. As of Tuesday, the organization sees that type of loss beginning this year, fiscal 2020.

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