- The Fiscal
- What We're
- What You
Today, the nonpartisan Congressional Budget Office (CBO) released its Long-Term Budget Outlook, which offers a look at the nation’s fiscal health through 2051. The report highlights the structural misalignment in the country’s budget and the resulting unsustainable fiscal trajectory.
Here are 5 key takeaways from CBO’s latest projections.
As the COVID-19 pandemic continues to unfold, significant health and economic issues will persist. However, after those hurdles have been cleared, attention will need to shift back to addressing the alarming long-term budget trajectory that is outlined in this new CBO report.
Related: Pandemic Fuels Record-Breaking Deficits — and Other Key Takeaways from the Latest CBO Report
Image credit: Photo by Brandon Bell/Getty Images