The Presidential Daily Brief

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  1. CBO Tallies Some Wins But More Losses for U.S. Economy’s Future

    The federal deficit will be some $46 billion less than previously thought, and Obamacare will net the government $8 billion during the next year, says the non-partisan Congressional Budget Office. The bad news? Just about everything else. Small businesses will hire fewer employees in order to skirt health care regulations, but mostly the U.S. is still feeling the impact of the recession, as unemployment rates aren’t expected to dip below six percent until 2017. As one blog put it, the U.S. has lost potential, and it’s not working up to the potential it does have.

    Sources: Reuters, Washington Post

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