'Daunting' outlook will mean bulging deficits

National debt: The five-minute primer
A small, bipartisan group of lawmakers will be hunkering down this fall, negotiating ways to reduce deficits by at least $1.2 trillion over the next decade.

Weak growth. Monster debt. Which to tackle first?
It's easy to read the latest budget outlook from the Congressional Budget Office as further proof that the United States really needs to get serious about dealing with the national debt.

Federal budget: Fix it before a crisis
Commentary: Donald Marron is the director of the Urban-Brookings Tax Policy Center and a former acting director of the Congressional Budget Office.

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