The Congressional Budget Office has just released its latest projection for the next ten years.

“In the agency’s updated projections, annual deficits nearly double over the next decade, reaching $2.7 trillion in 2033 ... As a result of those deficits, debt held by the public also increases in CBO’s projections, from 98% of GDP at the end of this year to 119% at the end of 2033.”

Star Parker is president of the Center for Urban Renewal and Education and host of the weekly television show “Cure America with Star Parker.” To find out more about Star Parker and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate website at www.creators.com.