Slate Money | Money Talks: Philosophy of The Budget
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Understanding Budget Deficits
This chapter explores the complexities of budget deficits in the context of legislative proposals and economic forecasting. It discusses the role of the Congressional Budget Office in projecting deficits based on various assumptions, as well as the philosophical implications surrounding budgetary language. The conversation also critiques the political rhetoric from both parties related to deficits and examines how baselines affect the narrative surrounding fiscal responsibility.
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