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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 This material may not be published, broadcast, rewritten or redistributed.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 83 130 1,129
MORTGAGES 95 178 1,373
FORECLOSURE NOTICES 12 45 197
BUILDING PERMITS 345 345 1,998
BANKRUPTCIES 61 132 767
BUSINESS LICENSES 0 0 298
UTILITY CONNECTIONS 53 88 480
MARRIAGE LICENSES 44 44 126

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