The Congressional Budget Office (CBO) is revising its projections for this year’s US budget deficit, saying it will be significantly higher than previous estimates. In a new report, the agency says it now projects government expenditures will outpace revenues to the tune of $1.7 trillion in 2023. “On the basis of its estimate of the The post US Deficit Expected To Shatter $1,700,000,000,000 This Year – 13% Higher Than Previous Estimate: CBO appeared first on The Daily Hodl .