Yesterday the blog covered the Senate Budget committee and the President's Budget. Today, I wanted to give one more influential group a chance. The House Budget Committee has released a 24-page analysis of the budget.
To get an idea of the tone of the report, you can look at the top of the Committee's web site, which lists the national debt at: $8,696,586,128,372.97, with each of us having a share of: $28,881.49. This number increases every minute, so if you go to the site you will find a larger number later this afternoon.
There is also a report available from the Congressional Budget Office entitled "The Budget and Economic Outlook: Fiscal Years 2008 to 2017." This report takes a look at spending and economic growth and attempts to predict the growth or reduction of both.
Again, if you'd like more debt or budget information, check out the library's guide.