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CBO projects FY 2024 US deficit to jump to $1.9 trln amid higher outlays
Reuters· 5 days agoThe U.S. budget deficit will jump to $1.915 trillion for fiscal 2024, topping last year's $1.695...
EDITORIAL: Biden’s sea of red ink
Las Vegas Review-Journal· 2 days agoAnd a new report from the Congressional Budget Office projects them to balloon even bigger. The CBO said Tuesday that it expects this year’s federal...
Rate of US uninsured to rise to 8.9% in the next decade, Congressional Budget Office says
Reuters via AOL· 5 days ago"We expect the uninsured rate for the immigrants arriving in the surge to be roughly four times the...
National debt continues to explode. Does anyone care?
The Bradford Era· 3 days agoOn Tuesday, the Congressional Budget Office issued a report projecting the federal budget deficit will hit $2 trillion this year alone. Worse still, the ...
Foreign Aid And Student Loan Forgiveness Behind Massive Increase In Deficit Estimate, Congressional ...
IJR· 5 days agoAmerica’s debt is growing faster than previously expected, largely due to actions taken by the Biden administration and recent legislation, according to the Congressional Budget< ...
Jamie Dimon believes U.S. public debt is the ‘most predictable crisis’ the economy faces—and yet in...
Fortune via Yahoo Finance· 2 days agoDebt held by the public will rise from 99% of GDP this year to 122% by 2034—surpassing its previous...
This Time Is (Not) Different
GoldSeek.com· 14 hours agoSuch is the case with government debt. This came to mind as I was thinking about the magisterial 2009 book This Time Is Different by Carmen Reinhart and...
Uninsured rate to hit 8.9% by 2034, CBO projects
Modern Healthcare· 5 days agoThe uninsured rate is poised to climb over the coming decade, the Congressional Budget Office predicts in an article published in the journal Health Affairs Tuesday. The uninsured ...
The US debt will surge to $56 trillion in the next 10 years as government spending outpaces revenues
Business Insider via Yahoo Finance· 3 days agoThe US debt is on track to soar 64% by the end of the decade, according to estimates from the...
Biden’s policies ‘unsustainable’: Utah Reps. Blake Moore and Burgess Owens respond to $1.9 trillion...
Deseret News via Yahoo News· 2 days agoThe deficit expected this financial year ballooned by $400 billion compared to previous estimates,...