Marc Levy of the AP reports that the new $28.2 budget agreement may, according to Senate officials (both Republicans and Democrats), result in a budget deficit of $1 billion – or even up to $2 billion – over the next twelve months. (HT: Tony Phyrillas)
Such a deficit would require a tax increase, or spending cuts (HA! who would suggest such a thing?).
Is this why there are so few budget details being released?