CBO Projects U.S. Budget Problem Solved For Now

It’s amazing what some tax hikes coupled with spending cuts can do for a $1.1 trillion annual budget deficit (just kidding… actually, it’s pretty logical). The Congressional Budget Office (CBO), the leading group of nonpartisan budget number-crunchers, now projects that the U.S. federal budget deficit will shrink by an astounding 41% this year, from $1.087 [...] Related Posts: Spending AND Taxes Got Us Into This Mess, And Only BOTH Can… Bipartisan Deficit Reduction Commission Brings Some Sanity… Would Going Over The Fiscal Cliff Really Be That Bad? Deficit? What’s Another $1 Trillion Among Friends? If Conservatives Succeed in Phasing Out Medicare, HMO Bull… The post CBO Projects U.S. Budget Problem Solved For Now appeared first on Peridot Capitalist .