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Stories with person: Tom Price
  • Budget report sees shrinking deficits, but only for now story has photos
    Updated: Aug-25-15 6:04 pm

    WASHINGTON - An unforeseen flood of revenue is shrinking federal deficits to the lowest level of President Barack Obama's tenure, Congress' nonpartisan budget adviser said Tuesday. But in a report that will fuel both parties in their autumn clash over spending, the analysts also warned that perilously high shortfalls will roar back unless lawmakers act.