Thanks to increasingly larger annual budget deficits, the federal debt of the United States is larger than ever. Worse still, the Congressional Budget Office (CBO) says that our nation’s publicly-held debt could equal as much as 77% of our GDP by 2025.
If you’re one of the many Americans who understands how a 77% debt-to-GDP ratio and rising interest rates could negatively affect your portfolio and our country, please Like & Share this post.
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US Government Waste Tags:
government spending, united states economy