The Congressional Budge Office has released a new estimate of the size of the federal budget deficit. The CBO says it will hit a record $1.5 trillion dollars in 2011. Host Melissa Block talks with NPR's John Ydstie about the size of the deficit, and President Obama's plan to reduce it by freezing some domestic spending programs.
CBO Predicts Record $1.5 Trillion Deficit In 2011
News & Features National Public Radio · NPR ·