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 same year, debt held by the public would exceed 100 percent of ... and the continued economic recovery. That increase would be partially offset by declines in other taxes relative to GDP, most notably receipts from the Federal Reserve and corporate ...
    07/16/2014 - 9:00 pm | View Link
  • Affordable Care Act enrollment to reach 24 million within two years, with 20 million getting government subsidies, CBO predicts
    The long-term economic forecast released by the nonpartisan ... growing deficits push it back to its current levels or higher. Federal debt held by the public is on pace to exceed 100 percent of GDP by 2039, a trend the CBO says cannot be sustained.
    07/16/2014 - 8:15 am | View Link
  • CBO once again shows that Washington’s budget deficits will be driven by out-of-control spending, not a lack of revenue
    “Twenty-five years from now, in 2039, federal debt held by the public would exceed 100 percent of GDP, CBO projects,” the ... which are projected to increase over the next several years due to economic growth, not accounting for any downturns.
    07/16/2014 - 6:09 am | 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 ...
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  • 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 - 9:12 am | View Link
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