With the economy showing positive signs on employment, now is the right time to phase in commonsense deficit reduction policies.
New projections from CBO confirm that this year’s federal budget deficit is on track to grow faster than the economy for the first time since 2009.
CBO estimates that under the president’s budget, the national debt relative to the size of the economy would still be more than double its historical average.
It’s your turn to control the federal budget. Try to balance a wide variety of programs, including health care, Social Security, defense, and infrastructure.