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If you think the deficit is bad now, it will soon get worse

Por: The Hill Business October 21, 2022

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America’s finances are in trouble. Despite relatively optimistic predictions by the Congressional Budget Office (CBO), the  is only going to get worse. In July, CBO  that the federal government budget deficit would be 3.7 percent of GDP in 2023, down from recent record highs of 12.4 percent of GDP in 2021. While still above the pre-pandemic average (since 2000) of 3.5 percent, this would be the lowest percentage since 2017.   for this... + full article



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