Bull feces issues from the CBO

This is gross government savings

Here we are, two years after the end of the recession. The private sector has adapted to the new normal, employment to population levels stabilized to their long term average, and growth is 2.5%. Yet government deficits are still a trillion.

The CBO claims that under current law we should see a steady decline in the deficit. Its not happening. The correct projection, under current law, is that we have trillion dollar deficits and default.