What will be the federal government budget deficit for the 2016-2017 fiscal year, according to the budget as originally tabled?
Less than $20 billion: 15%
Between $20 and $30 billion: 35%
Between $30 and $40 billion: 30%
More than $40 billion: 20%
Since my last post, expectations for the budget deficit seemed to have increased slightly (see article here). Some have recommended a deficit as large as $40 billion, and the median now seems to be about $30 billion, I am increasing my estimate accordingly.
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