June 9, 2012

Latest PJ Media Column (‘CBO: We’ll Be Maxed Out in Nine Years’) Is Up

Filed under: Economy,Taxes & Government — Tom @ 7:50 am

It’s here.

It will go up here at BizzyBlog on Monday (link won’t work until then) after the blackout expires.

The sub-head is “On our current path, that’s way too optimistic.” Even under a return to prudence, we will have a tough time keeping public debt as a percentage of GDP from hitting 90% by 2018, instead of the 2021 the Congressional Budget Office projects.

If Barack Obama is reelected and the Senate stays under Harry Reid’s control, it could happen during 2015, three years from now.

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