Budget Deficit Widens - Social Security & Medicare Cited
Citing higher spending on Social Security and Medicare as a driving force behind America’s fiscal imbalance, Reuters Washington Reporter Lindsay Dunsmuir examines the widening 2016 budget deficit in an article posted on www.reuters.com. She observes that these programs, in conjunction with “slower-than-expected revenues,” have driven the deficit to 3.2% of GDP, up from 2.5% last year. Read her analysis here…
For more on this subject, check out the “Latest News“ post also referenced on our site.
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