The Congressional Budget Office (CBO) released a daunting report on the country’s economic health. They indicate that the U.S. federal debt could surge in the next decade… CBO Finds Federal Debt to Rise to 115% of GDP in the Next Decade The federal debt could rise to 115% of the country’s Gross Domestic Product (GDP). This forecast raised economic worries. Moreover, the situation calls for urgent action to address the fiscal imbalance. The CBO’s report highlights the potential consequences of the surging federal debt. They believe that there would be…
Read MoreAlarming Projection: U.S. Debt to Reach 115% of GDP
