CBO: Deficits will rise to $2 trillion per year over the next decade

Contributing sentiments towards policy:

60% : That's more than double the expected growth rate for spending on the military and on domestic programs like education and environmental protection...
58% : By 2033, the forecasts suggest, the federal government will be spending as much on Social Security alone as it does on all discretionary spending -- military and otherwise -- combined...
54% : Lawmakers could stabilize the programs by raising taxes, reducing spending or simply continuing to borrow money to keep paying full benefits.
51% : The new CBO numbers also point to increased spending on entitlement programs as one of the main drivers of future deficits.
38% : Over the next decade, deficits will average $2 trillion annually, as tax receipts fail to keep pace with the rising costs of Social Security and Medicare benefits for retiring baby boomers.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.