US debt on track to double by 2051, putting economy at risk of fiscal crisis – Congressional Budget Office
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US federal debt is expected to double over the next three decades, warns the Congressional Budget Office (CBO). Debt will be equivalent to 202 percent of GDP by 2051, while this year’s debt is expected to be 102 percent. Read Full Article at RT.comUS debt on track to double by 2051, putting economy at risk of fiscal crisis – Congressional Budget Office
US federal debt is expected to double over the next three decades, warns the Congressional Budget Office (CBO). Debt will be equivalent to 202 percent of GDP by 2051, while this year’s debt is expected to be 102 percent. Read Full Article at RT.com Read more