According to the Congressional Budget Office (CBO), the United States can expect to see a ______ billion deficit in 2017.

Question

Quizplus · Accepted Answer

According to the CBO, the United States can expect to see a $665 billion deficit in 2017. This is due in part to rising spending on entitlement programs like Social Security and Medicare, as well as increased spending on defense and other government programs. Additionally, tax revenues are projected to be lower than originally anticipated, further contributing to the deficit.