The new projected deficit would be 2.8 percent of GDP.
House Democratic Whip says Republicans prevented serious talks.
Conservatives are feeling the sting from a series of losses.
It's the first deficit below $1 trillion of Obama's presidency.
Spending on entitlement programs is projected to rise to twice their historical average.
The federal budget deficit for fiscal 2014 reached $377 billion by the end of February, the...
The number is a $61 billion drop from last year, according to the CBO.
Three Democrats voted for it, while four Republicans opposed it.