"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.