New CBO Baseline Substantially Understates Grim Budget Picture

The Congressional Budget Office (CBO) projects a balanced budget by 2012. A number of CBO’s assumptions underlying this projection are, to say the least, problematic. For example, CBO’s projections assume that all of the President’s 2001 and 2003 tax cuts, as well as all other temporary tax cuts, are allowed... Full Story »

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Fabrice Florin
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by Fabrice Florin - Oct. 1, 2008

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