News from The Hill
Federal deficit falls to $483B, a six-year low
By Rebecca Shabad
The federal budget deficit in fiscal 2014 fell to the lowest level since 2008, the Treasury Department announced Wednesday.
For fiscal 2014, which ended September 30, the shortfall was $483 billion, which is 2.1 percent of gross domestic product (GDP). Last year, the deficit was 4.1 percent of GDP.
Read the article here.
English Standard Version
And you will hear of wars and rumors of wars. See that you are not alarmed, for this must take place, but the end is not yet.
By Edward-Isaac Dovere
Democratic campaign operatives have been getting worried that the White House wasn’t doing enough to help them in the midterms, and that President Barack Obama didn’t care enough to change that.
Friday, Obama responded: David Simas, a longtime aide who returned to the White House after running polling and focus groups for the reelection campaign, was named director of a new Office of Political Strategy and Outreach.
The re-establishment of an internal political operation marks a significant shift for the White House, and the latest step in a 2014 West Wing reorientation that’s aimed at quickly making up for years of lost time, both on Capitol Hill and around the country.
Read more: http://www.politico.com/story/2014/01/white-house-office-of-political-strategy-outreach-102582.html#ixzz2rOjts8ei