Tag Archives: CBO annual budget outlook
Reviving the ‘Real World’ Scenario That’s Disappeared from Government Reports
For 50 years or so the federal government has deliberately and to an increasing extent misstated probable future budget deficits. Democrats and Republicans are guilty. The White House is guilty. And so is Congress. Private firms that deliberately misrepresent their … Continue reading
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Tagged automatic enforcement procedures, budget balance projections, CBO, CBO alternative scenario, CBO annual budget outlook, CBO baseline scenario, Congressional Budget Office, debt service costs, dishonest lawmakers, government debt projections, gross debt, net debt, public finances, William Poole
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