The Congressional Budget Office estimated spending on Medicare and Social Security reached $1.3 trillion in 2018, according to the agency’s Budget and Economic Outlook: 2019 to 2029. Three things to know: 1. CBO […]
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Can deficit spending be justified under certain circumstances? Yes, at times of economic stress or national emergency, but only as long as necessary to resolve the problem. The 2008-2009 recession is an […]