Charting the U.S.'s Fiscal Future Amid Rising Debt
latest long-term budget estimates from the Congressional Budget Office (CBO) show unsustainable growth of government debt (Chart 1). This debtâ?"which was 40% of the economy before the 2008 recessionâ?"will surpass 100% this year, on its way to 195% of the economy in 30 years. And this...
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