Reuters: Money News: White House trims economic forecast ahead of Congress budget battle

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Reuters: Money News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

White House trims economic forecast ahead of Congress budget battle Jul 9th 2013, 02:32 WASHINGTON (Reuters) - The White House on Monday trimmed its outlook for U.S. economic growth but said the deficit was shrinking faster than projected in a budget update that was virtually ignored by Republicans ahead of tough negotiations with Congress on spending cuts and raising the U.S. debt limit.

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