Where Is Chicken Little When We Need Her The Most?
Kelly Ward
August 30, 2024
The sky is falling. Again. Our modern day Chicken Little comes with a robust data set, a not so simple economic model, and the staff of the Congressional Budget Office (CBO) and the University of Pennsylvania Wharton Budget Model. In late 2023, each issued a US Federal Government budget forecast report. In 2024, amidst an election in which votes will be cast for president, 33 senators and each of the 435 house members, the CBO and U of Penn remind us of what is at stake.
