• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Vietnam Colors

Update Latest Travel News from Vietnam and All Around The World

  • About Us
  • Contact Us
  • Disclaimers
  • DMCA
  • Privacy Policy
  • Submit your story
You are here: Home / U.S. federal debt to hit 70 percent of GDP: Congress report

U.S. federal debt to hit 70 percent of GDP: Congress report

The budget outlook in the United States is “daunting” and the federal debt will reach about 70 percent of gross domestic product (GDP), the highest level since World War II, according to a report released by the U.S. Congressional Budget Office (CBO) Wednesday. “Recently, the federal government has been recording budget deficits that are the largest as a share of the economy since 1945,” the CBO’s 2011 Long-Term Budget Outlook report said. “Consequently, the amount of federal debt held by the public has surged.” (more…)

  • GDP Suffered Horribly Under Pandemic Lockdowns But Not as Bad as Headlines Will Suggest
  • Gulf government debt to see record $100 billion surge in 2020 - S&P Global
  • Kennedy Center lays off nearly 30 percent of its administrative staff
  • The Hill's 12:30 Report - Presented by Facebook - Barr's showdown with House Democrats
  • Federal Unemployment Set To Expire, As Senate GOP Leaders Will Unveil Their Stimulus Plan On Monday
  • Treasury report: Less than 25% of state and local emergency funds used as congressional debate heats up
  • Big Tech CEOs to defend their companies before U.S. Congress by listing competitors
  • PURNELL: Ignoring the National Debt Means Massively Burdening Future Generations
  • Australia's economy will get WORSE before it gets better as unemployment is forecast to hit 9 per cent - the highest level in 26 years - by Christmas and Treasurer Josh Frydenberg warns of the greatest disaster 'since the Great Depression'
  • NORQUIST: We Must Control Federal Spending. Here Are Six Ways To Do It
U.S. federal debt to hit 70 percent of GDP: Congress report have 234 words, post on at June 23, 2011. This is cached page on Vietnam Colors. If you want remove this page, please contact us.

Primary Sidebar

RSS Recent Stories

  • Gurbaz, Najibullah and bowlers help Afghanistan stay alive in the series
  • Wyatt stars as Brave begin campaign with record chase
  • Pujara’s 79-ball 107 in vain as Warwickshire clinch thriller
  • Injured Washington Sundar doubtful for Zimbabwe tour
  • 20 Questions On Deadline Podcast: Sydney Sweeney Wants ‘Euphoria’ Season 3 To Continue Cassie’s “Craziness”, Is “Loving It” On ‘Madame Web’

Sponsored Links

  • How American stocks could continue to climb
  • Which is The Economist’s country of the year for 2021?
  • After a shocker in 2021, where might inflation go in 2022?
  • The hidden costs of cutting Russia off from SWIFT
  • Has the pandemic shown inflation to be a fiscal phenomenon?
Copyright © 2022 Vietnam Colors. Power by Wordpress.
Home - About Us - Contact Us - Disclaimers - DMCA - Privacy Policy - Submit your story