Accuracy in Media

The CBO isn’t one to lie about it, as they’re a non-partisan budget office, so this is bad news:

The deficit is estimated to more than double in 10 years, which is projected to push debt held by the public up to 77 percent as a percentage of Gross Domestic Product (GDP), according to Congressional Budget Office (CBO) estimates.

Despite an anticipated rise in tax collection, the CBO predicts that the government will continue to spend outside of its means. The CBO warns that later in the coming decade, growth in government spending will “outstrip” growth in the economy.





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