Congressional Budget Office reports trillion dollar deficits through 2017 – David Rogers – POLITICO.com

The government faces a fourth year of trillion-plus deficits in 2012, according to new projections released Tuesday—numbers which also show little relief in the future unless Washington comes to grips with needed changes in its tax and spending policies.Like Aunt Cassandra coming down from the attic, the Congressional Budget Office steps squarely into the 2012 campaign season with the 147-page report which might have been subtitled “It’s not just the economy stupid, it’s also the debt.”

via Congressional Budget Office reports trillion dollar deficits through 2017 – David Rogers – POLITICO.com.

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