The Deficit Fell Faster Last Year Than Any Since The End Of World War II

www.thinkprogress.org/economy/2014/02/28/3344231/deficit-fall-2013/
"The federal budget deficit fell faster last year than in any year since the end of World War II, according to a Treasury Department report on Thursday. It declined from $1.1 trillion in 2012 to $680 billion in 2013.
That represents the smallest deficit since 2008 in nominal terms. It’s now 4.1 percent of GDP, dropping from a high of more than 10 percent during the depths of the recession. It’s less than half of what it was in 2009, when the recession ended."