The federal deficit keeps growing and the Congressional Budget Office has solutions

The nonpartisan Congressional Budget Office (CBO) released a report last week detailing a range of options for reducing the federal budget deficit in the decades ahead.

"The options come from a variety of sources, including legislative proposals, budget proposals from various Administrations, Congressional staff, federal agencies, and private groups," explained CBO Director Phillip Swagel. "The options are intended to reflect a range of possibilities rather than to rank priorities or present a comprehensive list.