CBO slashes 2013 deficit forecast to $624 billion

On January 7, 200-- two weeks before Barack Obama took the oath of office--the Congressional Budget Office forecast the federal budget deficit for fiscal year 2009 at $1.2 trillion.

http://www.dailykos.com/story/2013/05/14/1209087/-CBO-slashes-2013-deficit-forecast-to-624-billion