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Wednesday, 27 July 2022

US Federal Debt to Reach 185% GDP by 2052 - Congressional Budget Office

WASHINGTON (Sputnik) - The United States is projected to experience a federal budget deficit that is triple than the current one and a debt-to-GDP ration of 185% leading to an uncertain economic future over the next 30 years, the Congressional Budget Office (CBO) said in a report.

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