And It Really Shouldn't Be This Way The Congressional Budget Office has just released its latest projections of the Federal budget deficit and its contributions to the national debt. And the news isn't good, not good at all. The deficit will start rising again soon enough and thus so will the debt. And the truth is that it really shouldn't be this way at all. Right about now that budget should be roughly in balance and in the next few years, barring any extraordinary events, it should be in surplus with the national debt falling as a result. The reason this isn't happening is simply that the...

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