Tuesday, April 10, 2018

CBO Update: Trillion-dollar Deficits to Arrive Two Years Sooner

According to the latest report from the Congressional Budget Office (CBO), released on Monday, the U.S. economy is going great guns. But that growth, no matter how robust, will never catch up with government spending. Hence, despite that growth, annual deficits of a trillion dollars will arrive two years sooner than originally projected.

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