Deficit forecasts of primary dealers are lower that CBO's and OMB's.

 Yesterday, an unnamed Treasury official told the Bureau of National Affairs that April's average primary dealer forecast for FY10 was $1.38 tr., up slightly from $1.36 tr. in January.  OMB's estimate in President Obama's February budget was $1.556 tr., and CBO's in March was $1.500 tr.  Stronger economic growth than projected by OMB and CBO is the main cause for the improved estimates.