New CBO Report Warns U.S. Debt Set to Exceed Record High of 109 Percent of GDP in 14 Years
The nonpartisan Congressional Budget Office (CBO) today released a report warning that if current spending habits continue, U.S. public debt in relation to the economy will more than double in 25 years. Furthermore, in just 14 years it will exceed 109 percent of GDP…
The Budget Games
Both sides of the aisle have taken turns blaming each other for our nation’s fiscal situation. After years talk, will we actually see action?
B.A. Spending Daily
A roundup of this morning’s must-read budget and economic stories.
Could Europe's debt crisis spur a global recession?
While Congress continues to struggle reform our unsustainable spending and ultimately spur a recovery, things aren’t getting any better across the pond either.
Budget and economic news roundup
A roundup of this morning’s must-read budget and economic stories.
