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How the U.S. went from a CBO surplus projection of $2.3 trillion for 2011 to a deficit figure $12.7 trillion below that estimate
01/16/2009
The CBO projection was made in 2001 and showed a surplus of $2.3 trillion for 2011. Two wars, higher defense spending added about $2 trillion. The Stimulus about $700 billion. Figures from the analysis done by the Pew Fiscal Analysis Initiative using CBO numbers.
Grouped Articles
CBO | The Budget and Economic Outlook: 2014 to 2024
Unknown 02.05.2014
Washington Post 08.07.2011
Tom Keene Talks to Robert Skidelsky
BusinessWeek 07.28.2011
Why the Debt Crisis Is Even Worse Than You Think
BusinessWeek 07.27.2011
New York Times 08.13.2011
Forecast Clouds Debt-Cut Outlook
Wall Street Journal 08.25.2011
Wall Street Journal 09.08.2011
The supercommittee’s make-or-break question - The Washington Post
Washington Post 11.17.2011
Deficit Is Again Set to Top $1 Trillion
Wall Street Journal 02.01.2012
Under Status Quo, Deficit Would Decline, Budget Office Says
New York Times 01.31.2012
White House Proposes Cap on Wartime Spending
Wall Street Journal 02.13.2012
Dave Camp: Is Tax Reform Politically Possible?
Wall Street Journal 08.12.2012
In Federal Budget Cutting, F-35 Fighter Jet Is at Risk
New York Times 11.28.2012
New York Times 12.16.2012
Wall Street Journal 01.16.2009
Corporate Tax Cut as Growth Elixir? Foreign Experience Suggests Caution
WSJ 05.01.2017
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