The Hill
•Business
Business & Economics
78% Informative
The Congressional Budget Office released an analysis of what achieving a balanced budget in the next 10 years would mean for federal programs.
The report comes as Democrats have sought to hammer Republicans over proposals to balance the budget in a decade through potentially steep cuts to spending.
The nonpartisan budget scorekeeper said its current baseline projections show the nation’s federal budget deficit would reach $2.9 trillion in 2033.
When not factoring in the extension of the tax cuts, the CBO projected that all noninterest outlays would have to be reduced by 41 percent to achieve a balanced.
VR Score
83
Informative language
85
Neutral language
44
Article tone
formal
Language
English
Language complexity
67
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
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