CBO Is Late, Fireworks Postponed

For the past several years, I contributed to the 4th of July fireworks by posting (here and here for example) on CBO’s latest explosive debt projections, regularly released as part of its long-term outlook just before Independence Day.  But this year the CBO is way behind. It says won’t release its long-term debt projection until September.  So, for this part of the fireworks, we’ll have to wait until summer is over. 

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