June 25, 2017

Falling Short-Term Deficits Provide Exit Ramp for Those Seeking No More Budget Cuts

April 15, 2014
Market News International (MNI)


"I suppose those who don't want to do anything more to cut deficits can point to the slight reduction in projected deficits in the new CBO report," says Robert Bixby, executive director of the Concord Coalition. He added, "but you don't have to look at the CBO numbers very hard to see we still have a huge problem and the report shows that deficits will begin to rise again very soon. However, the recent decline in deficits and the coming mid-terms in November make further action on the deficit front this year very unlikely."