Congressional Budget Office Budget Outlook

I really see two big problems around how complicated issues are discussed in the United States: the poor press coverage of complicated issues and it's evil twin, the public's unwillingness to read and understand complex issues.

Case in point is the Congressional Budget Office Budget Outlook which is the best assessment of the countries federal deficit and spending priorities. The projection goes out to 2015. The web page for the document is here.

This is the set of facts the politicians, lobbyist, news people, economists and commentators. The document is very straight forward and readable. The document says what we already know we would have s short term surplus if we let the bush tax cuts expire.

In the medium term domestic and defense spending is dropping slowly and in the long terms health care costs could double.