Think The National Debt Is Big Now? Wait Until Trump Tax Cut Extensions Hit
Extending President Donald Trump's 2017 tax cuts could push the national debt to vast levels by 2054, especially if interest rates rise, according to a new estimate by the Congressional Budget Office.
US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels
"Macroeconomic feedback effects would further increase interest rates and, therefore, lead to even worse fiscal outcomes," ...
The budget explained in seven charts
Here are seven key budget charts that shed light on the nation’s finances, the economic outlook and what lies ahead.
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24 Surprising Facts About the National Debt
The debt of the United States has passed the total value of our GDP and other countries are selling our debt. What does this ...