CBO's Analysis of the President's FY2011 Budget
In its Analysis of the President's Budget, CBO estimates that the FY 2011 budget proposals would cause public debt levels to rise to 90 percent of GDP, above the 68 percent projected in CBO's baseline. It is clear that the President's Budget continues to place the country on an unsustainable fiscal path. The Administration must address the issue of excessive borrowing in the event that the fiscal commission does not get the country back on sustainable fiscal footing.
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