17-04-2018 23:01 via ocregister.com

Congress needs to spend within its means

Absent an abrupt display of fiscal discipline, trillion-dollar federal budget deficits are here to stay, as a new report from the Congressional Budget Office makes clear.
“If current laws governing taxes and spending generally remained unchanged, the federal budget deficit would grow substantially over the next few years,” the report projects, “with accumulating deficits driving debt held by the public to nearly 100 percent of GDP by 2028.”
Troublingly, the report forecas
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