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Tags: Current Focus, United States,
Growth in GDP expected at 3% for 2014-2017, with low inflation at 2%, budget deficit at 3% increasing to 4% in years after 2015, and government debt to GDP increasing from 74% in 2014 to 79% by 2024. A liitle over $1 trillion in additional debt will be added by 2024 as a result of an aging population, lower number of people working, lower growth rates after 2015, and the increasing cost of health care.
Grouped Articles
CBO | The Budget and Economic Outlook: 2014 to 2024
Unknown 02/05/2014
Good News and Bad in CBO Deficit Projections
Wall Street Journal 02/05/2014
Sluggish Economic Recovery Proves Resilient
Wall Street Journal 04/21/2014
U.S. Economic Recovery Looks Distant as Growth Stalls
New York Times 06/11/2014
Budget Deficit Returns to Prerecession Levels
Wall Street Journal 10/16/2014
U.S. Racks Up Smallest Deficit Since 2007
Wall Street Journal 01/14/2015
The U.S. faces difficult choices in 2012-2013- efforts to close the deficit by letting the Bush tax cuts and payroll tax cuts expire and making spending reductions will lead to low growth. Not doing this will lead to growth with much higher deficits and unsustainable debt levels.
Grouped Articles
Four Deficit Myths and a Frightening Fact
Wall Street Journal 01/19/2012
CBO | The Budget and Economic Outlook: 2014 to 2024
Unknown 02/05/2014
Budget Deficit Returns to Prerecession Levels
Wall Street Journal 10/16/2014
U.S. Racks Up Smallest Deficit Since 2007
Wall Street Journal 01/14/2015
U.S. Annual Budget Deficit Smallest in Nearly Seven Years
Wall Street Journal 06/11/2015
Deficit Is Again Set to Top $1 Trillion
Wall Street Journal 02/01/2012
Grouped Articles
U.S. Racks Up Smallest Deficit Since 2007
Wall Street Journal 01/14/2015
U.S. Annual Budget Deficit Smallest in Nearly Seven Years
Wall Street Journal 06/11/2015
Grouped Articles
CBO Sees Deficit Narrowing to $642 Billion
Wall Street Journal 05/14/2013
Four Deficit Myths and a Frightening Fact
Wall Street Journal 01/19/2012
CBO | The Budget and Economic Outlook: 2014 to 2024
Unknown 02/05/2014
Budget Deficit Returns to Prerecession Levels
Wall Street Journal 10/16/2014
U.S. Racks Up Smallest Deficit Since 2007
Wall Street Journal 01/14/2015
U.S. Annual Budget Deficit Smallest in Nearly Seven Years
Wall Street Journal 06/11/2015
Increasing concern about the deficit and efforts to cut the deficit.
Grouped Articles
Budget Deficit Returns to Prerecession Levels
Wall Street Journal 10/16/2014
U.S. Annual Budget Deficit Smallest in Nearly Seven Years
Wall Street Journal 06/11/2015
Jobs Bill vs. Deficit, a Showdown in the Senate
New York Times 06/01/2010
The Wisdom and Folly of the Bush Tax Cuts
BusinessWeek 08/05/2010
Bush Tax Cuts: Now That's Rich
New York Times 08/22/2010
Alice Rivlin's Bid to Cut the Deficit
BusinessWeek 10/21/2010
Grouped Articles
U.S. Annual Budget Deficit Smallest in Nearly Seven Years
Wall Street Journal 06/11/2015
Alice Rivlin's Bid to Cut the Deficit
BusinessWeek 10/21/2010
Key Tax Breaks at Risk as Panel Looks at Cuts
Wall Street Journal 10/25/2010
Physician Panel Prescribes the Fees Paid by Medicare
Wall Street Journal 10/26/2010
Deficit panel leaders propose curbs on Social Security, major cuts in spending, tax breaks
Washington Post 11/10/2010
Panel Weighs Deep Cuts in Tax Breaks and Spending
New York Times 11/10/2010
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