On Jan. 24, the Congressional Budget Office (CBO) released its budget and economic projections for the next 10 years showing a $9.4 trillion cumulative increase in budget deficits. The projections assume that current law remains in place.
The Concord Coalition urges President Trump and the new Congress to be mindful of three key points derived from CBO reports:
1. Absent serious policy changes, fiscal policy will remain on an unsustainable course.