July 24, 2014

U.S. Budget: CBO Report Ignites Deficits Hope, Complacency Fears

May 17, 2013
Market News International (MNI)

Excerpt

Bob Bixby, the executive director of the Concord Coalition, also warned against fiscal complacency.

"A lower deficit is good news but hardly the end of the story. For the most part, it reflects a recovering economy and other factors that do not affect the long-term structural mismatch between spending and revenues," Bixby said in a statement.