WhatFinger

Public debt projected to hit 100 percent of GDP by 2038

CBO: In case you’ve forgotten, entitlements are going to explode the deficit


Any time I mention the Congressional Budget Office, it's important to say this: Their "nonpartisan" projections are basically wild guesses, and to the extent they reflect the scoring of a spending bill proposed by Congress, they are always garbage-in-garbage-out projections based on numbers they are given by politicians. So I have argued many times that you can't cite a CBO report and act like it's gospel truth, and I won't make that claim about this one either.
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