Presentation by Eric Labs, a senior analyst for naval forces and weapons in CBO’s National Security Division, at the Bank of America Merrill Lynch Defense Outlook Forum.
Presentation by Eric Labs, a senior analyst for naval forces and weapons in CBO’s National Security Division, at the Bank of America Merrill Lynch Defense Outlook Forum.
The federal budget deficit was $358 billion in the first quarter of fiscal year 2020, CBO estimates, $39 billion more than the deficit recorded during the same period last year.