Tuesday, February 9, 2016

US draft budget for 2017 envisages a deficit fingod $ 0.5 trillion – RIA Novosti

US President's Residence in Washington. photo Archive.

© AP Photo / Pablo Martinez Monsivais

WASHINGTON, Feb. 9 – RIA Novosti The US budget deficit. in the 2017 financial year amounts to 503 billion dollars, according to its draft, published on the website of the White house. In this case a 10-year deficit of 6.113 trillion dollars, according to the document.

US President Barack Obama on Tuesday introduced a draft budget to Congress in the 2017 fiscal year (starting in September 2016). The final version will be the result of a compromise between the Congress, which represents the majority of the Republican Party and the Democratic Party of President -. A minority

The final text is the result of compromise, not all of Obama’s proposals will be taken into account in the final text of the document

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