NPR logo

CBO Estimates Warn of Ballooning Federal Deficit

  • Download
  • <iframe src="https://www.npr.org/player/embed/4465562/4465563" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
CBO Estimates Warn of Ballooning Federal Deficit

CBO Estimates Warn of Ballooning Federal Deficit

CBO Estimates Warn of Ballooning Federal Deficit

  • Download
  • <iframe src="https://www.npr.org/player/embed/4465562/4465563" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The Congressional Budget Office projects the U.S. budget deficit will balloon to $368 billion — and that's before war costs estimated to be up to an additional $80 billion are added.