<< Helpfully, CBO juxtaposed these two alternative futures in a pair of graphs and, just as last time, it projects that deficits will disappear entirely by the end of President Obama's second term (if he gets a second term) if Congress were to just sit on its hands and do nothing. >>
Source:
http://tpmdc.talkingpointsmemo.com/2011/06/chart-of-the-day-if-congress-does-nothing-the-deficit-will-disappear.php
Read the whole thing. It's pretty amazing.