Posted by
Defend America on Friday, July 17, 2009 6:40:30 AM
The Long-Term Budget Outlook
Today I had the opportunity to testify before the Senate Budget Committee about CBO’s most recent analysis of the long-term budget outlook.
Under current law, the federal budget is on an unsustainable path,
because federal debt will continue to grow much faster than the economy
over the long run.
http://cboblog.cbo.gov/?p=328