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By Gil Weinreich, AdvisorOne |
May 24, 2012
The CBO makes the point that if Congress cannot find some way to arrest policies that are already set in motion before the new year, the U.S. will lapse back into a recession in 2013.
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By Joyce Hanson, AdvisorOne |
September 13, 2011
CBO Director Douglas Elmendorf testified before the congressional super committee on deficit reduction, saying the economy will not be able to sustain its current level of spending with the tax cuts now in place as the population ages and health-care costs grow.