Looking for our new site?

The $12 Trillion Misunderstanding | Real Clear Politics

July 25, 2012 |

For starters, a weak economy was the largest cause. The CBO attributes $3.2 trillion of the $11.7 trillion shift (about 27 percent) to "economic and technical changes." "We overestimated how good the economy would be, even before the Great Recession," says Marc Goldwein of the CRFB.

Original article