CBO: Deficit falls another 28 percent, revenues up 9 percent

The 2014 federal budget year ended on Sept. 30, and the preliminary numbers are in, courtesy of the Congressional Budget Office:

By CBO's estimate, revenues were about 9 percent higher and outlays were about 1 percent higher in 2014 than they were in the previous fiscal year."

I'd probably have to call upon the statisticians of the CBO to count how many conservative narratives and predictions of disaster are contradicted by those two simple, straightforward paragraphs.

About the Author

Jay Bookman

Kamala Harris’ candidacy is ‘empowering’ for Democrats, this U.S. Air Force vet says

Opinion: For 2020, Democrats must look forward, not reach back

Opinion: On board the USS Trumptanic

Featured

Credit: AP

A tiny nation qualified for its first World Cup. Cape Verde has fans here

Cape Verde, competing in its first World Cup, will take on the world's No. 1 team in Spain at 12 p.m. on June 15 at Mercedes-Benz Stadium in Atlanta.

Georgia’s special ed program promised help. Families say it delivered them harm.

Georgia subdues a nemesis in rolling past Crimson Tide for SEC championship

Georgia notched its best win of the season at the perfect time, finally vanquishing Alabama in Atlanta and taking home the SEC Championship for the second straight year.