by sslifer | Jan 25, 2020 | Budget / Debt Outstanding, NumberNomics Notes
January 25, 2020 The Congressional Budget Office recently reported that the budget deficit for the current fiscal year is likely to be $1.0 trillion. A deficit of that magnitude will push debt held by the public to 80.7% of GDP. For the first seven years of the...
by sslifer | Jan 25, 2020 | Budget / Debt Outstanding, NumberNomics Notes
January 25, 2020 The Congressional Budget Office reported that the budget deficit for fiscal year 2019 came in at $984 billion. For the current fiscal year (FY 2020) the budget deficit is projected to be $1.0 trillion. It will remain above the $1.0 trillion level...
Follow Me