Democrats Worry CBO Projection Of Deficits Topping $1T Will Spur GOP Cuts To Medicare, Medicaid

Democrats and seniors’ advocates worry an official estimate of annual government deficits topping $1 trillion by 2020 will spur Republicans to cut Medicare and Medicaid. Democrats have long anticipated that Republicans would use the increase in deficits, which Republicans largely created by cutting taxes, to go after entitlement programs. The Congressional Budget Office on Monday (April 9) released its 10-year budget and economic outlook. CBO increased its projections for economic growth compared to last year’s outlook for multiple reasons, including...