The Washington Post presents some budget reporting that about 50 budget wonks will follow. How significant is a projected budget surplus of $132 billion in 2012 (0.7 percent of GDP) or $800 billion in tax revenue over the next five years (approximately 5 percent of projected revenue or $530 per person per year )?
--Dean Baker
The American Prospect is nonprofit, reader-funded journalism—and we need your help.
Our reporters dig deep, hold power to account, and explain how policy shapes people’s lives. If you value independent journalism that goes beyond the headlines, now’s the time to support it.
Here’s how you can help:
• Donate to power fearless reporting
• Subscribe to get our print magazine 6x/year.
Every dollar funds our in-depth reporting.
Donate Now. Subscribe here.
