U.S. debt burden to rise to 202% of GDP in 2051, CBO projects
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#gdp
#cbo
3 years ago By Gabriel — The U.S. federal debt burden will double over the next 30 years, reaching 202% of economic output in 2051, as deficits grow and interest rates eventually r
U.S. economy to grow 4.6% in 2021, slow by end of decade, CBO says
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#cbo
3 years ago By Omosebi — The U.S. economy will grow 4.6% in 2021 after contracting 3.5% in 2020, powered by a resumption of business activity and coronavirus rescue spending, but g
CBO report: US needs $900B annually for 25 years to restore pre-Covid debt
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#900b
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4 years ago By Nanometer — If the US wants to restore the nation's debt to pre-coronavirus levels, it will require spending cuts and revenue increases totaling around $900 billion an