CBO's Updated Baseline Just Released
The Congressional Budget Office has just updated its Economic and Budget Outlook. We will be releasing a paper on changes to CBO's projections from March, as well as updating CRFB's Realistic Baseline to account for any adjustments. In the meantime, CBO has provided a fantastic infographic on the fiscal cliff:
We encourage readers of The Bottom Line to check back later this afternoon for our analysis.
A link to the full infographic from CBO can be found here.