Why The Federal Budget Is A Doomsday Machine---National Debt Heading To 600% Of GDP Under Current Policy

The Federal budget is on a an unsustainable long-term trajectory.....Under CBO's Alternative Fiscal Scenario---which assumes the continuation of current policies---debt would reach 225% of the economy by 2050 and over 600 percent of GDP by 2093.

 

http://www.crfb.org/papers/75-year-budget-outlook

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