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Sequestration Shrinks Debt

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Sequestration Shrinks Debt

The Congressional Budget Office says the federal deficit is on track to shrink to six hundred forty two billion dollars by the end of the year. That’s down from the earlier estimate this year of eight hundred forty five billion dollars.

Nebraska Congressman Adrian Smith says part of that can be credited to the ongoing sequestration…

Smith says even if the forced cuts play out for their entire span, the federal budget is still out of control……

Smith says at this point, he doesn’t think Congress has many budget options……

Congress returns to Washington this week following the Memorial Day break.

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