CBO deficit forecast. Anxiety over this number is palpable. A $2 trillion deficit? That’s twice what the size of the whole budget was as recently as the 1980s.
UPDATE: Bloomberg reporting the number will be $1.9 trillion. That’s $100 billion worse than the White House forecast, and a staggering number, but I’ll bet the Administration is heaving a collective sigh of relief nonetheless that it didn’t tip over $2 billion.