U.S. Congressional Budget Office Predicts 2021 U.S. Debt Will Exceed U.S. GDP
According to a recent report from the U.S. Congressional Budget Office (CBO), U.S. debt will again exceed gross domestic product (GDC) again in 2021. And, U.S. debt is expected to continue rising through 2050. At 10.3 percent of gross domestic product (GDP), the...