The Congressional Budget Office projects the budget deficit for fiscal 2015 (which ends on Sept. 30) under the current baseline at $468 billion. That is still the highest in history before President Obama, with the previous record at $458.6 billion in 2008. Moreover, CBO projects that the 2015 deficit will more than double by 2024 to $1.088 trillion.
http://www.americanthinker.com/articles/2015/02/the_postobama_triumph_of_conservatism.html
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