WASHINGTON -- The federal budget deficit will be $20 billion higher in fiscal 1999 than originally projected unless Congress gets health care spending under control, the Congressional Budget Office reported this week.

In its updated economic and budget outlook, released late Wednesday, the nonpartisan budget office revised its January figures and projected that the deficits for fiscal years 1994 through 1996 will be lower than anticipated because of unexpectedly strong economic growth.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.