Cbo: Federal Debt To Exceed 70 Percent Of Economic Output

AFPCBO: Federal debt to exceed 70 percent of economic outputKansas City StarBy KEVIN G. HALL WASHINGTON -- The amount of federal debt held by the public is projected later this year to surpass 70 percent of the nation's annual economic output, the nonpartisan Congressional Budget Office said Tuesday in a report that ...Unchanged tax, health policies to explode US debt-CBOReutersBarbell Approach Only Way to Lift Heavy EconomyBloombergCBO issues bleak long-term budget outlookThe Associated PressWall Street Journalall 186 news articles »

NEXT
Sections:  news   u.s.   politics   
ASK NEWS:
  • United States: Washington Healthcare Update - Mondaq
    ... debt owed by an owner. CBO ... 18 to the Organisation for Economic Co ... that by 2024, CBO estimates that 43 percent of the growth in ...
    02/26/2015 - 6:00 am | View Link
  • More
BING NEWS:
  • Unsustainable Debt Could Lead to Financial Crisis, Says CBO Director
    Within 25 years, he predicted that debt will exceed 100 percent of gross domestic product ... including increasing federal spending for interest payments, restraining economic growth in the long term, giving policymakers less flexibility to respond ...
    01/28/2015 - 6:02 am | View Link
  • CBO Director Predicts Debt Future, Warns Of Increased ‘Risk Of A Fiscal Crisis’ [VIDEO]
    Appearing before the House Budget Committee, Congressional Budget Office director Douglas Elmendorf testified Tuesday morning that the nation’s debt will exceed 100 percent ... the CBO director said. “By 2025, in our baseline projections, federal ...
    01/27/2015 - 7:32 am | View Link
  • CBO Director Predicts Unsustainable Debt, ‘Heightening the Risk of Fiscal Crisis’
    When CBO last issued long-term budget projections in the summer, we projected that, under current law, debt would exceed 100 percent of GDP ... including increasing federal spending for interest payments, restraining economic growth in the long term ...
    01/26/2015 - 7:00 pm | View Link
  • CBO: Growing Deficits Over the Long Term Would Cause Federal Debt to Exceed 100 Percent of GDP by 2039
    federal debt held by the public would exceed its current percentage of GDP after 2020 and continue rising. By 2039, that debt would reach 106 percent of GDP, by CBO’s estimate, without accounting for the harmful economic effects of the growing debt.
    07/22/2014 - 2:34 am | View Link
  • CBO's Long-Term Budget Projections Show a Substantial Imbalance in the Federal Budget
    In that report, we noted that although the gap between federal spending and revenues has narrowed recently, CBO’s long-term projections show ... In that same year, debt held by the public would exceed 100 percent of GDP, a level only seen once before ...
    07/16/2014 - 9:00 pm | View Link
  • More
BING SEARCH:
  • National debt of the United States
    The national debt of the United States (also referred to as the public debt or government debt) is the amount owed by the federal government of the United States.
    03/3/2015 - 5:01 am | View Website
  • CBO
    CBO provides Congress with nonpartisan analyses for economic and budget decisions and with estimates required for the Congressional budget process.
    03/2/2015 - 1:37 pm | View Website
  • Federal Debt and Interest Costs | Congressional Budget Office
    CBO projects that, under current law, debt held by the public will exceed $16 trillion by 2020, reaching nearly 70 percent of GDP. CBO also projects that interest ...
    03/2/2015 - 12:40 pm | View Website
  • Report: Deficit Falls to $483 Billion, but Debt Continues ...
    To interview Maya MacGuineas or one of our policy experts, or learn more about the Committee for a Responsible Federal Budget, please contact:
    03/1/2015 - 3:47 pm | View Website
  • National Debt
    Comprehensive and meticulously documented facts about the national debt. Topics include measures of debt, contributing factors, consequences, and more.
    02/27/2015 - 10:06 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News