83.5k views
15 votes
Why has the deficit increased so rapidly since 2002?

User Lior
by
5.0k points

1 Answer

4 votes

Answer:

The announcement of the budget deficit for fiscal year 2002 wasn't a surprise; the administration had earlier projected a slightly larger deficit for the year as the surplus was consumed by recession, war spending and tax cuts.

Step-by-step explanation:

<3 brainley please

User Alex Efimov
by
4.5k points