Skip to main content

Bond vigilantes fiddle, as budget burns

New projections released by the CBO this week show that although the Federal budget deficit is expected to be a bit smaller than previously assumed, it remains on an unsustainable path. Moreover, with both presidential candidates likely to push for the extension of some or all of the expiring 2017 tax cuts next year, the true picture could end up even worse.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access