Archive for June, 2010

30 Jun

CBO raises red flag

The latest from the Congressional Budget Office Director’s blog:
Under current laws and policies, an aging population and rapidly rising health care costs will boost outlays for Social Security benefits and sharply increase federal spending for health care programs. Unless revenues increase at a similar pace, such spending will cause federal debt to grow to unsustainable [...]

Posted in Federal Government, Government Spending, National Debt by: Amy
1 Comment

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