Deficits Remain a Problem Even as Urgency Fades

“After two years of harrowing confrontations in Washington, the national debt is no longer growing out of control and policymakers from President Obama to House Speaker John A. Boehner (R-OH) have rushed to take credit.”

“But nearly half the improvement forecast for the coming decade is due to factors unrelated to the budget battles, including lower-than-expected health-care costs and a recovering economy, according to a Washington Post analysis of congressional budget data.”