February 1, 2015
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Publications

26 Jan, 2015 - Press Release

WASHINGTON -- The Concord Coalition said today that new Congressional Budget Office (CBO) projections show why the Congress and President Obama must try to move forward on fiscal reforms wherever possible in the coming year.

The CBO’s Budget and Economic Outlook, released this afternoon, estimates that under current law federal deficits -- despite dropping in recent years -- will begin rising again after 2016, reaching $1.1 trillion in 2025. This would...