CBO may need new headline writers…

CBO released two new publications on the federal budget. It looks like the second answers the question posed in the first…

 

New from CBO Has the Fundamental Federal Budgetary Challenge Been Addressed? The Federal Budget: The Deficit is Down But the Fundamental Challenge Remains Has the Fundamental Federal Budgetary Challenge Been Addressed? blog post The deficit has fallen faster than we expected a few years ago, but the fundamental federal budgetary challenge remains. • Email to a friend • The Federal Budget: The Deficit is Down But the Fundamental Challenge Remains presentation Presentation by Doug Elmendorf, CBO Director, to the Macroeconomic Advisers’ Washington Policy Seminar • Email to a friend •