Many private forecasters are less optimistic about the deficit. Analysts at JPMorgan foresee a $1 trillion budget gap for 2013. That would mark a fifth straight year of deficits of at least $1 trillion.All that assumes the country avoids tax increases and deep spending cuts that take effect next year unless Congress reaches a budget deal.
US Runs A 4th Straight $1 Trillion-plus Budget Gap
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