Tag Archives: Outlays for the major health care programs

Trump on Track for Largest Deficits in U.S. History.

At 77 % of gross domestic product (GDP), federal debt held by the public is now at its highest level since the end of World War II. The Congressional Budget Office in an extremely detailed report concludes that despite considerable uncertainty of long-term projections, debt as a percentage of GDP would probably be greater – likely, much greater – than it is today if current laws remained generally unchanged. Continue reading

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