Home News CBO projects a decade of trillion-dollar deficits and soaring US debt

CBO projects a decade of trillion-dollar deficits and soaring US debt

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CBO projects a decade of trillion-dollar deficits and soaring US debt

Those Trump tax cuts for the wealthy are really paying off, aren’t they.

CBO projects a decade of trillion-dollar deficits and soaring US debt

The federal deficit is projected to keep rising over the coming decade, driving US debt to the highest level since World War II over the next 10 years, according to a Congressional Budget Office report released Tuesday.

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