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CBO Makes It Official: Six Highlights On Why US Is Heading For Fiscal Calamity Over Next 30 Years

July 1, 2018 July 1, 2018 / Contrarian Reads / By David Stockman

The CBO’s baseline scenario shows federal debt held by the public rocketing upward at a trajectory not seen since 2009, but this time on a sustained basis and breaching 150% of GDP by 2048. Here’s the chart:

 

http://ffwiley.com/blog/2018/06/30/6-things-to-know-about-this-weeks-cbo-report/

 

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