At the request of House Speaker Nancy Pelosi (D-CA), the non-partisan Congressional Budget Office (CBO) recently examined the impact of three alternative “policy scenarios” on our current budget deficit, expected to hit $1.5 trillion for 2009. Their conclusions were fascinating — or troubling, depending on your degree of fiscal hawkishness.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=145554