The latest Congressional Budget Office projection of the federal debt suggests doubt among budget analysts that lawmakers will enforce some attempts to curb health spending under health reform.
The CBO again this year made two projections for the U.S.’ long-term debt. The first is derived from current laws that govern spending. The second “alternative” scenario adjusts projections for likely ways that tax and spending policies will stray from those laws. The latter, the CBO notes, is considered a “more realistic picture of the nation’s underlying fiscal policy.” It is also far grimmer. Read more at Melanie Evans' Of Interest blog. »