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 2015 Long-Term Budget Outlook Report Finds Federal Debt Held by the Public Could Exceed 100 Percent of GDP by 2040
    June 16, 2015 - If current laws remained generally unchanged, federal debt held by the public would exceed 100 percent ... CBO therefore projected economic and budgetary outcomes if total factor productivity grew by 0.8 percent per year or by 1.8 percent ...
    06/16/2015 - 6:44 pm | View Link
  • Unsustainable Debt Could Lead to Financial Crisis, Says CBO Director
    Within 25 years, he predicted that debt will exceed 100 percent ... By the end of this year, the federal debt held by the public is predicted to be 74 percent of the GDP - more than twice what it was in 2007, when the economic crisis began.
    01/28/2015 - 5:54 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 ... federal spending for interest payments, restraining economic growth in ...
    01/27/2015 - 7:32 am | View Link
  • CBO Director Predicts Unsustainable Debt, ‘Heightening the Risk of Fiscal Crisis’
    By 2025, in our baseline projections, federal debt rises to nearly 79% of GDP. When CBO last issued long-term budget projections in the summer, we projected that, under current law, debt would exceed 100 percent ... restraining economic growth in the ...
    01/27/2015 - 3:47 am | 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 ...
    07/15/2014 - 8:57 am | View Link
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BING SEARCH:
  • National debt of the United States
    The national debt of the United States is the amount owed by the federal government of the United States. The measure of the public debt is the value of the ...
    05/1/2016 - 3:28 am | View Website
  • Report: Analysis of CBO’s January 2016 Budget and Economic ...
    The Congressional Budget Office (CBO) released its January Budget and Economic Outlook, today, adding more detail to a brief summary released on January 19.
    04/30/2016 - 7:54 am | 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 ...
    04/30/2016 - 1:34 am | View Website
  • Growing Deficits Over the Long Term Would Cause Federal ...
    Growing Deficits Over the Long Term Would Cause Federal Debt to Exceed 100 Percent of GDP by 2039
    04/29/2016 - 12:41 pm | View Website
  • National Debt – Just Facts
    In keeping with the practice of the Congressional Budget Office and other federal agencies that deal with budget policy, many of the federal debt, spending, and ...
    04/29/2016 - 11:22 am | View Website
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