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.
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New York Times
‘THE SECRET CASUALTIES OF IRAQ’S CHEMICAL WEAPONS’“From 2004 to 2011, American and American-trained Iraqi troops repeatedly encountered, and on at least six occasions were wounded by, chemical weapons remaining from years earlier in Saddam Hussein’s rule. In all, American troops secretly reported finding roughly 5,000 chemical warheads, shells or aviation bombs, according to interviews with dozens of participants, Iraqi and American officials, and heavily redacted intelligence documents obtained under the Freedom of Information Act.” ISIS is now believed to control these chemical weapons. [NYT]