CBO-US Federal Deficits will triple over the next 30 years

Watch for the debates to heat up next month regarding the federal deficits nearing 20 Trillion dollars. CBO says that’s nothing just wait til 2047.

*Federal debt is currently at 77% of GDP. to rise to 147% in 2047.

BUDGET PROJECTIONS FOR FY 2017

(As of January 2017)

*Per CBO Web site

Now see this

This file presents data that supplement CBO’s January 2017 report The Budget and Economic Outlook: 2017 to 2027.
www.cbo.gov/publication/52370

See more CBO-2017-01-spendingprojections

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