"Congressional Budget Office"

Debt Dynasty

September 17, 2013

The Congressional Budget Office (CBO) today released a report warning that the federal deficit’s short-term shrinkage doesn’t mean we’re in the clear for avoiding long-term fiscal problems.

Debt-Flicks: Reality Bites

August 26, 2013

Speaking at the State University of New York-Binghamton on Friday, President Obama assured the audience that there is no “urgent deficit crisis.” Meanwhile, spending remains at historic highs, economists continue to raise concern about long-term deficits, and the Congressional Budget Office is warning that if the president’s push to reverse the sequester goes through, it will increase the risk of a fiscal crisis down the road.


May 23, 2013

Many in Washington are pointing to the latest Congressional Budget Office (CBO) report to suggest the deficit problem is “pretty much solved” for the next 10 years. But did the CBO really say that? Not quite.

Emphasis Added

May 9, 2013

While some economists see deficit emphasis as an impeding recovery, the Congressional Budget Office says the only thing worse for the economy would be no deficit emphasis.

Broken Record: Beggars Banquet

April 17, 2013

President Obama and other lawmakers have been insisting, over and over, that a balanced budget deal must include more revenue. Yet, the federal government is projected to collect more revenue in 2013 than ever before.

Fiscal Facts for the Congressional Recess

March 25, 2013

National Debt “Historically High.” The national debt is $16.7 trillion and the Congressional Budget Office (CBO) warns that “federal debt held by the public is projected to remain historically high relative to the size of the economy for the next decade.”