The team at Bloomberg Economics is warning that federal debt is set to grow even higher as a share of the economy than the most recent projections from the Congressional Budget Office, which see the debt climbing to 116% of GDP by 2034.“From tax revenue to defense spending and interest rates, the CBO forecasts released earlier this year are underpinned by rosy assumptions,” Bloomberg economists Bhargavi Sakthivel, Maeva Cousin and David Wilcox write. “Plug in the market’s current view on interes
A million simulations, one verdict for US economy: Debt danger ahead lowellsun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lowellsun.com Daily Mail and Mail on Sunday newspapers.
A million simulations, one verdict for US economy: Debt danger ahead thereporteronline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thereporteronline.com Daily Mail and Mail on Sunday newspapers.
A million simulations, one verdict for US economy: Debt danger ahead orovillemr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orovillemr.com Daily Mail and Mail on Sunday newspapers.
A million simulations, one verdict for US economy: Debt danger ahead readingeagle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from readingeagle.com Daily Mail and Mail on Sunday newspapers.