It's a long road back to full employment
 It's a long road back to full employment
The Congressional Budget Office projects unemployment won't even fall below 6% until 2017.

This may be too pessimistic: It assumes a number of tax cuts expire next year, dampening the fragile recovery. But both parties want to keep at least some of those cuts.


Donna Rosato @Money - Last updated June 12 2012: 2:15 PM ET
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Just the facts about our big deficit

What measures -- spending cuts, tax hikes, or both -- are needed to tame the budget deficit? Money magazine looks at how we got here and how big our debt really is.

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