CBO's Analysis of the President's FY 2010 Budget Blueprint

CBO's Analysis of the President's FY 2010 Budget Blueprint

Last week, the Congressional Budget Office (CBO) released its Preliminary Analysis of the President's Budget.

The Committee for a Responsible Federal Budget has warned that the President's budget is not aggressive enough in reducing the medium or long-term deficit (President Obama's FY2010 BudgetMore on President Obama's FY2010 Budget), and CBO's analysis projects a significantly worse situation than the Administration does, with the President's Budget plan resulting in larger and continuously rising budget deficits.