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Federal deficit on track for Obama-administration low
The Washington Post: Increased tax revenue and spending cuts have put the federal government on track to post its smallest annual budget deficit for the Obama administration, according to the latest data from the Congressional Budget Office.
The national debt grew by $750 billion during the first 11 months of fiscal 2013, compared to an increase of $1.16 trillion during the same period last year, the CBO said in its August federal-budget review.
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