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Our Darkening Fiscal Outlook
There are two ways in which our looming fiscal catastrophe draws closer. One is through the passage of time, as entitlements grow with more aging Medicare recipients. The other is through worsening projections from the Congressional Budget Office (CBO). Both are happening. Start with interest expense. In the CBO’s May 2022 ten year Budget and […]
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By SL Advisors, LLC
5
33 ratings
There are two ways in which our looming fiscal catastrophe draws closer. One is through the passage of time, as entitlements grow with more aging Medicare recipients. The other is through worsening projections from the Congressional Budget Office (CBO). Both are happening. Start with interest expense. In the CBO’s May 2022 ten year Budget and […]
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