UI economist says one part of federal deficit is shrinking

UI economist says one part of federal deficit is shrinking

A University of Illinois economist said at least one area of the federal deficit is shrinking but said there's still work to be done.

Fred Giertz said in terms of the Gross Domestic Product, the federal deficit is shrinking at a quick rate.



Giertz added that even though the deficit is coming down, that doesn't mean it's a permanent solution.



Giertz made the comments Tuesday on On The Monday on WDWS.

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Topics (1):Economy