Fiscal Policy

Debt Limit Debate

A traffic sign is seen near the U.S. Capitol building in Washington March 1, 2013 (REUTERS/Jonathan Ernst).

Blog Post

What CBO Found in its Semi-Annual Check-Up of the Federal Budget

August 27, 2014, David Wessel

David Wessel discusses the newest CBO federal deficit outlook, explaining that the outlook has improved slightly—provided Congress sticks to some inflexible spending caps it has written into law.

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