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 »

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BING NEWS:
  • 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 - 1:00 pm | View Link
  • CBO: In 25 Years, Federal Debt Held by the Public Will Exceed 100% of GDP
    (CNSNews.com)-- Despite a sharp projected rise in personal income taxes over the next 25 years, federal debt held by the public will exceed 100 percent of the nation ... government to respond to a future economic crisis.” High debt could also hurt ...
    07/15/2014 - 1:00 pm | View Link
  • National debt will exceed entire annual US output by 2039, CBO projects
    Public debt is on track to grow to an amount equal to 78 percent ... the risk of an economic depression. But the report says its basic message on debt “applies under a wide range of possible values for some key factors that influence federal spending ...
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    To make matters worse, the Congressional Budget Office (CBO) published a new report Tuesday that confirmed that the U.S. debt will eclipse the gross domestic product and reach 106 percent of total economic ... agency that avers federal deficits are ...
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  • CBO: THE DEFICIT WILL SHRINK MASSIVELY IN COMING YEARS
    The CBO ... 77 percent. In addition to those decisions, lawmakers will continue to face the longer-term budgetary issues posed by the substantial federal debt and by the implications of rising health care costs and the aging of the population. Economic ...
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    Nonpartisan analysis of the federal budget and the economy for the U.S. Congress
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