September 1, 2014

Federal Deficit to Drop Well Below $1 trillion

May 14, 2013
The Washington Times

Excerpt

“A lower deficit is good news but hardly the end of the story,” said Robert L. Bixby, Concord’s executive director. “For the most part, it reflects a recovering economy and other factors that do not affect the long-term structural mismatch between spending and revenues.”

Mr. Bixby said the good news on health care costs easily could be reversed.