New estimates from the White House--conveniently dropped into the Friday afternoon news cycle--predict America's budget deficit will reach a record $1.47 trillion this year. The AP reports that these latest figures suggest next year's unemployment rate will remain steady above 9 percent.
White House budget director Peter Orszag says the numbers represent a "fiscal situation that requires attention."
Kellyanne Conway To Chuck Todd: WH Press Secretary Sean Spicer Gave 'Alternative Facts' In Press Briefing
Report: Trump Poised to Defund International Planned Parenthood on Roe v. Wade Anniversary
Scoop: Washington Free Beacon Obtains Copy Of Memo From Clinton Ally Plotting Trump’s Impeachment