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:
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    05/16/2015 - 6:01 am | View Link
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  • CBO Director Predicts Debt Future, Warns Of Increased ‘Risk Of A Fiscal Crisis’ [VIDEO]
    “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 ...
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  • 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.
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BING SEARCH:
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    05/23/2015 - 10:47 pm | View Website
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    05/23/2015 - 5:18 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 ...
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  • National Debt Set to Skyrocket
    Runaway spending, especially on Medicare, Medicaid, and Social Security, will drive federal debt to unsustainable levels. Total national debt includes publicly held ...
    05/23/2015 - 11:41 am | View Website
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