Federal Revenues Are Projected to Increase Significantly Over the Next Two Years and Remain Steady as a Share of GDP Thereafter
Says the CBO
Actually not. Federal revenues are expected to cycle along with the presidential elections, a period of 8 years. Looks like they are going to cycle downward right along with the elections this year, a bit early maybe.
The CBO method of analysis is 'Kick the Can'
I also predict the Fed return on debt will continue dropping while Congress drains the spigot. That would mean sometime in a few months, Congress will be cut off.
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