CBO Report: Federal Debt Would Still Be “Unsustainable” Even With Clinton-Era Tax Revenue
Like Michelle said, they’ve “just begun.” (Beltway Confidential) — Earlier, Conn Carroll posted a chart from the Congressional Budget Office that clearly shows spending, not insufficient tax revenue, is the driver of our long-term debt problems. But using CBO data, we can go a bit further. It turns out that even if we brought tax … Continue reading CBO Report: Federal Debt Would Still Be “Unsustainable” Even With Clinton-Era Tax Revenue
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