US National Debt to Surpass 185% of GDP

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2022-08-02 12:58:24 -

https://www.armstrongeconomics.com/world-news/sovereign-debt-crisis/us-national-debt-to-surpass-185-of-gdp/

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The Congressional Budget Office warned that US federal debt is expected to rise 185% within the next 30 years. Total debt holdings could double the size of US GDP by 2051. No politician or spender of this debt cares as they have no intention of paying it off. The Congressional Budget Office is calling this

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