Debt and deficits won’t be as bad as feared but are still dangerous, CBO says

Attached article explains that US debt as a percent of GDP is 141%. This figure does not include entitlement spending which is not currently funded by the US government. If we add in entitlement spending deficits, US debt to GDP is over 500%. This is why entitlement reform is absolutely coming.

June 26th, 2019|