US debt spiral could start soon as interest rate on borrowing tops GDP growth

Business

Us Debt Spiral Could Start Soon As Interest Rate On Borrowing Tops Gdp Growth

By Fortune

According to the latest projections from the Congressional Budget Office, publicly held debt is currently at $31 trillion and is about 100% of GDP. By fiscal year 2030, debt is expected to exceed the 106% record set after World War II, then surge to ...Read more

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