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VOL. 128 | NO. 242 | Thursday, December 12, 2013

New Estimate Says Budget Deal Raises Deficit $41 Billion

ANDREW TAYLOR | Associated Press

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WASHINGTON (AP) – Congress' budget office estimates that the just-announced budget deal would increase the deficit over the next two years by $41.4 billion.

The analysis also says the deal would save taxpayers $23 billion, when calculated over the coming decade.

But there's a cost when it comes to deficits.

The budget office says the bipartisan agreement would increase the deficit by $23.2 billion in 2014 and by $18.2 billion the year after that.

The deal permits $63 billion in relief from automatic spending cuts over the coming two years and substitutes $85 billion in longer-term savings and fee proposals over the coming decade.

That framework has drawn the ire of some conservatives.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 87 87 14,804
MORTGAGES 80 80 19,410
FORECLOSURE NOTICES 22 22 3,817
BUILDING PERMITS 142 142 35,472
BANKRUPTCIES 62 62 14,096
BUSINESS LICENSES 62 62 5,053
UTILITY CONNECTIONS 99 99 21,532
MARRIAGE LICENSES 37 37 4,594

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