The Congressional Budget Office has issued its Budget and Economic Outlook for Fiscal Years 2011 through 2021.  Here’s the quick summary of what they anticipate in that short term: Under current law, CBO projects, budget deficits will drop markedly over the next few years—to $1.1 trillion in 2012, $704 billion in 2013, and $533 … Continue reading The CBO’s Latest Budget Projections