Statement on CBO Update of Budget and Economic Outlook

The Center has issued a statement by James R. Horney on today’s CBO update of the nation’s budget and economic outlook.  It concludes:

The bottom line is this: for the long run, we must carefully consider the best way to reduce deficits and debt.  In the short run, we must focus our efforts on how to get the economy growing more rapidly and put millions of Americans back to work as soon as possible.

Click here for the full statement.