"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.