More reality to ignore

One would hope this would stop the kicking of the poor and downtrodden...but we know that won't happen until the powers that be made poor and downtrodden jelly.

According to new CBO projections out today, assuming no changes to current law, this year’s deficit will be $642 billion, the lowest since 2008. Chart after the jump …

That comes out to 4.0% of GDP compared to the high of 10.1% in 2009. CBO projects that it will fall to 2.1% by 2015.