How fitting that the Congressional Budget Office released its long-term fiscal projections Wednesday, the same day that President Joe Biden began his economic rehabilitation tour.
In the words of The New York Times, Biden this week embarked upon “a concerted campaign … to claim credit for an economic revival in America.” In a Chicago speech, he touted his economic policies in an address that aides called “a cornerstone speech of his presidency.”
On the same day, however, the CBO issued a more sober view of the nation’s economic trajectory — a trajectory this administration has proudly accelerated.
