Feds: National Debt Will Be Nearly Twice as Large as U.S. Economy in 30 Years
The national debt will be nearly twice as large as the U.S. economy in 30 years, the U.S. Congressional Budget Office projects. That figure assumes no new major spending projects from Congress in that time, which is unlikely, meaning that debt levels could actually rise much more quickly. Conversely, Congress could slow that trend by cutting spending. --- Support this podcast: https://podcasters.spotify.com/pod/show/america-in-focus/support
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Show Notes
The national debt will be nearly twice as large as the U.S. economy in 30 years, the U.S. Congressional Budget Office projects. That figure assumes no new major spending projects from Congress in that time, which is unlikely, meaning that debt levels could actually rise much more quickly. Conversely, Congress could slow that trend by cutting spending.
Support this podcast: https://podcasters.spotify.com/pod/show/america-in-focus/support
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