Words & Numbers

Periodically, the Congressional Budget Office forecasts federal debt, revenue, and spending. For decades, the CBO has underestimated the future debt. If we adjust CBO’s forecasts by their historical error, we get a clearer picture of where the federal government’s finances will be in the next decade. Interestingly, the debt is approaching a point not seen since the first decade of our history when Congress replaced Continental dollars with the US dollar we use today. Get Your Copy of Cooperation and Coercion Now! http://www.cooperationandcoercion.com Show Your Support for Words & Numbers at Patreon https://www.patreon.com/wordsandnumbers Quick Hits The Irish and the Choctaw https://www.nytimes.com/2020/05/05/world/coronavirus-ireland-native-american-tribes.html Foolishness of the Week Presidential Debates https://www.washingtonpost.com/elections/2020/08/14/presidential-debates/ Topic of the Week CBO’s Long Term Outlook https://www.cbo.gov/publication/56516 Join the Conversation Words & Numbers Backs