Archive for February 8th, 2011

The CBO’s Latest Budget Projections


Tuesday February 8th, 2011   •   Posted by Craig Eyermann at 9:33am PST   •   0 Comments

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...
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