CBO’s Deficit Forecast Dwarfs White House Estimate

“The Congressional Budget Office estimates the government will take in $1.9 trillion less in revenue and spend $300 billion more over the next decade than the White House estimated under its latest budget proposal if the plan were enacted,” the Wall Street Journal reports.

“Deficits would total $9.5 trillion over the coming decade, or $2.3 trillion more than the White House estimates.”