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  • DEUTSCHE BANK: The New Estimates For The US Budget, Total Gamechanger For Fiscal And Monetary Policy

    05/15/2013 3:09:13 PM PDT · by blam · 7 replies
    TBI ^ | 5-15-2013 | Rob Wile
    DEUTSCHE BANK: The New Estimates For The US Budget Are A Total Gamechanger For Fiscal And Monetary Policy Rob Wile May 15, 2013, 5:08 PM The CBO said this week that America's fiscal deficit will be much smaller than anyone thought, and that long term debt growth will slow by at least 3 points through the next decade. That's good news right? In his note today, Deutsche Bank's Joe LaVorgna says there is even more than meets the eye in the report. Specifically, the rosier CBO report means there's now less pressure on Congress to keep the Sequester, and more...