FY2014 Federal Deficit Improvement Will Be Short-Lived

posted by Michael Lewis on October 16, 2014

Found in US, categorized in Fiscal Policy

Tags: deficit federal budget FMI michael lewis

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For FY2014, the deficit improvement was derived entirely from increased revenues, not spending cuts. Revenues rose almost +9% in 2014, while spending rose +1.4%.


FMI’s commentary on FY2014 federal budget results.

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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