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Economic rebound improves federal deficit outlook
The economy’s rebound eases the predicted federal deficit path with estimates showing the 1984 deficit could be about 30 billion lower and the 1987 deficit around 120 billion less. Economists cite stronger growth, employment gains, lower inflation, and lower rates as driving the improvement.
MENTIONED IN THIS ARTICLE
Washington
Barry P. Bosworth
Brookings Institution
Eb. Z
David Stockman
White House
Office of Management and Budget
Reagan
Robert Dederick
Dederick
U.S
Congress
Congressional
Brookings’ Bosworth