CBO: Debt Will Rise to 156% of the Economy in 30 Years
March 27, 2025
March 27, 2025
WASHINGTON, March 27 [Category: Government/Public Administration] -- The Committee for a Responsible Federal Budget posted the following news release:
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CBO: Debt Will Rise to 156% of the Economy in 30 Years
The Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook today, showing that under current law, debt will rise from 100 percent of Gross Domestic Product (GDP) at the end of this fiscal year to 156 percent of GDP by 2055. I . . .
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CBO: Debt Will Rise to 156% of the Economy in 30 Years
The Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook today, showing that under current law, debt will rise from 100 percent of Gross Domestic Product (GDP) at the end of this fiscal year to 156 percent of GDP by 2055. I . . .