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Who Will Buy the $10 Trillion in US Govt Bonds in 2024

Who Will Buy the $10 Trillion in US Govt Bonds in 2024
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Federal deficit to rise to $1 4 trillion in fiscal 2023, CBO projects

The federal budget deficit will rise to $1.4 trillion in fiscal 2023, the Congressional Budget Office estimated Wednesday, larger than previously projected and a reversal of the decline in deficits over the past few years as pandemic emergency spending wound down.

Transcripts for CNN CNN Tonight With Don Lemon 20190822 02:24:00

will change. but we ve had the longest running positive effect on this economy really i think in modern history. it doesn t go on forever. when it ends, i don t know. the trade policies are certainly contributing to the gloomy outlo outlook. the deficit projection is now revised up. now predicting it will reach $1 trillion in 2020. two years earlier than previously thought. two years earlier. i know republicans don t care about deficits anymore. but that is not good. well, in 97, i worked with democrats and republicans, and we got the first balanced budget since we walked on the moon. we paid down the largest amount of debt in modern history of the public debt. we had great economic growth and we had surpluses. now, i said this to some people the other night at dinner.

Transcripts for CNN CNN Tonight With Don Lemon 20190822 06:24:00

the revisions are typical. we all go through revisions. i did as governor. what people are beginning to say, there s weakness in this economy. and when you take a look at the bond market and all that, these are signs that get people saying, you know, it s not great. now, we don t know when that will change. but we ve had the longest running positive effect on this economy really i think in modern history. it doesn t go on forever. when it ends, i don t know. the trade policies are certainly contributing to the gloomy outlook. listen, the job numbers were revised down today but the deficit projection is now revised up. the cbo now predicting it will reach $1 trillion in 2020. two years earlier than previously thought. two years earlier than previously thought. i know republicans don t care about deficits anymore. but that is not good.

Detailed text transcripts for TV channel - CNN - 20190814:14:10:00

anti-immigrant rhetoric we saw from him last time around. there s a question as to how much he has been running on the economy, but certainly that s the case that republicans down ballot have been making to voters, and if that s the no something they can they can point to as a reason to give them another term in the senate majority or another term in the house, that s going to be really problematic for not just the white house but republicans down ballot. coupled with a trillion-dollar deficit projection now for this fiscal year, which is to blame on both republicans and democrats. okay. thank you, sabrina. still to come, democratic senator kirsten gillibrand will join me next. we ll talk about the chance of actual change in gun laws in this country and a lot more. also, one of jeffrey epstein s accusers says his death has given her more resolve to pursue justice. she s filed a new lawsuit in new york. we ll tell you about that. and why are russian mercenaries running a private

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