S Debt Profile News Today : Breaking News, Live Updates & Top Stories | Vimarsana

According to Congressional Budget Office estimates, by the early 2030s US expenditure on entitlements, mandatory initiatives and debt obligations could surpass its total revenue, pushing it closer to a financial cliff-edge.

Michael cembalestCongressional budget officeNew york basedUs debt crisisFederal reserve rate hikesFederal reserve rate cutsBoiling frog situationS debt profileS 34 trillion debt burden