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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ASK NEWS:
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BING NEWS:
  • National Debt to be $27 Trillion in 10 Years, Says the CBO
    The federal government’s revenues are expected to top $3 trillion this year for the first time in history, thanks to individual income taxes rising by six percent ... federal debt burden on each private worker in the economy will easily exceed $300,000 ...
    10/15/2014 - 1:00 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.
    09/21/2014 - 1:00 pm | View Link
  • CBO slashes GDP expectations in half for 2014
    The U.S. economy grew just 1.9 percent in 2013, and has yet to exceed ... amount of federal debt would have serious negative consequences, including the following: increasing federal spending for interest payments, restraining economic growth in the ...
    08/26/2014 - 9:00 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 ... In contrast, the national debt “stood at 39 percent of GDP at the end of 2008,” the CBO noted.
    07/16/2014 - 1:56 am | View Link
  • CBO: U.S. debt to exceed worth of economy by 2039
    WASHINGTON — The U.S. debt held by the public is expected to rise to 106 percent of the economy in 2039 from 74 percent this year, largely driven by increases in the cost of health benefits, the Congressional Budget Office said Tuesday. To put federal ...
    07/15/2014 - 1:00 pm | View Link
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BING SEARCH:
  • United States federal budget
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  • Federal Deficit vs. National Debt
    Learn the difference between the federal deficit and the national debt. Find out how the government deals with a deficit. Read about how the deficit impact the ...
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  • Congressional Budget Office | Nonpartisan Analysis for the ...
    CBO provides Congress with nonpartisan analyses for economic and budget decisions and with estimates required for the Congressional budget process.
    10/29/2014 - 3:14 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 ...
    10/28/2014 - 10:35 pm | View Website
  • Web site of the National Debt Awareness Center
    The Treasury Department has the third largest expense in the federal budget. Only Defense and entitlement programs (run by Departments of Health and Human Services ...
    10/28/2014 - 7:22 pm | View Website
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