Debt Management Robert Reischauer More information: www.americanprogress.org/events/2009/09/deficit_event.html This year, the federal deficit will exceed 11 percent of the gross domestic product—higher than at any point in the country’s post-war history. Though the size of the current deficit is due largely to pre-existing policies, economic recession, and one-time policies to revive the economy, there is no question that public concern over the long-term fiscal gap has intensified. Last month, the Congressional Budget Office and the Office of Management and Budget … Read entire article »