RealClearPolitics is running and hosting my post today about understanding the upcoming deficit numbers.
The Mid-Session Review is a budget document released by the Administration each summer. It updates the Administration’s economic and budget forecasts. It shows the budgetary effects of any laws enacted since the President’s budget was released, as well as any new policies proposed by the President.
Within the next week the Obama Administration will release the Mid-Session Review. Next Tuesday morning the Congressional Budget Office will release their updated budget and economic forecast. Here are some things to watch for in these upcoming releases.