CBO—Still Out of Paradigm after All These Years

The Congressional Budget Office (CBO) published its long-term deficit and national debt projections last week. These are the projections most widely cited in policy discussions about long-term “sustainability” of the national debt and entitlement programs. In this post I focus on a small but very important part of the report—the CBO’s discussion of the “Consequences […] View the full post at: CBO—Still Out of Paradigm after All These Years Related posts: April Sees Highest Job Growth in 4 Years Forex Spot Trading Volume at Lowest Level in More than 3 Years Banking: The Finance and the Macro View