CBO Warns Of Fiscal Catastrophe As A Result Of Exponential Debt Growth In The U.S. | Zero Hedge

In a just released report from the CBO looking at the long-term US budget outlook, the budget office forecasts that both government debt and deficits are expected to soar in the coming 30 years, with debt/GDP expected to hit 150% by 2047 if the current government spending picture remains unchanged.

Source: CBO Warns Of Fiscal Catastrophe As A Result Of Exponential Debt Growth In The U.S. | Zero Hedge

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