Posts Tagged ‘public debt’

Congressional Budget Office Predicts Federal Debt Is Getting Far Worse


Wednesday June 22nd, 2011   •   Posted by David Theroux at 10:19pm PDT   •   0 Comments

In “CBO Releases Daunting Long-Term Outlook,” Tim Fernholz at the National Journal reports that: Increasing federal debt will be a growing burden on government action, crowding out lawmakers’ ability to adopt tax and spending priorities in good times and reducing flexibility during recessions, all while making a fiscal crisis more likely and hindering long-term…
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Consensus on Cutting the Deficit?


Friday January 21st, 2011   •   Posted by Emily Skarbek at 8:34am PST   •   0 Comments

Yesterday The New York Times published the results of a poll on how to cut the national deficit. Interestingly, a majority of people think necessary action is needed, the deficit can be reduced without increasing taxes, and it is necessary to cut back on programs they benefit from. Cause for optimism? I think not….
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