Understanding The Long-Term Budget Outlook
by Congressional Budget Office
The long-term outlook for the federal budget has changed little since last year, according to CBO’s projections. If current laws remained generally unchanged in the future, federal debt held by the public would decline slightly relative to the economy’s annual output, or gross domestic product (GDP), over the next few years, CBO projects.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201507110704
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