public debt

    Preliminary Analysis of the President’s Budget

    By: rbdwiggins (Diary)  |  March 6th at 01:15 PM  | 

    According to the CBO, President Obama’s proposals are projected to reduce the federal budget deficit through 2014. That’s the good news. However, the budget deficit “would rise steadily thereafter.” It’s not a very pretty sight. As indicated in the chart below, the hole just keeps getting deeper. Some key highlights of the preliminary analysis from the Director’s blog: –If the President’s proposals were enacted, the | Read More »