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View Diary: CBO slashes 2013 deficit forecast to $642 billion (10 comments)

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  •  more info on Fannie Mae/Freddie Mac (3+ / 0-)

    Here is more info on Fannie Mae's contribution to the deficit reduction.  They aren't quite in the black from the bailout, but not counting interest they are close.  At this rate they are likely to be in the black within a year.  If the federal government than starts to deleverage and sell off its position they could end up doubling their 'investment'.  Pretty unbelievable based on what we were hearing at the height of the crisis.

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