I trust no one except CBO. CBO uses "real data" to support their numbers and analysis. Their primary purpose is to serve congressional agency charged with reviewing congressional budgets and other legislative intitiatives with budgetary implications. You can get better numbers than CBO produces IMO unless you start reading reports from self-interest lobbying groups. Not a chance!
The bottom line, CBO projections are updated on annual basis or every other year to maintain certain level of confidence which often reflects in its' President's own annual budgets.
This topic is obviously highly political. CBO knows, to "touch" entitlements is political suicides. So we don't hear enough about this topics at the forefront pages of every newspapers because congressional seats at stake. I also think there just too many people put their heads in the sand and ignores what's ahead and thats when the real "**** happens". (no pun intended). Y' know what i'm sayin'
Last edited by tripods68 : 04-04-2008 at 01:14 PM.
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