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Economics - 2009

Federal Debt Approaches 100% of GDP

http://endoftheamericancentury.blogspot.com/2009/03/federal-debt-approac...
Scanned by: DSMason over 2 years ago
Federal government red ink has become a tidal wave. The OMB now expects the debt at the end of this year to be $12.7 trillion, and to expand to over $15 trillion by 2011, which would then be (at 97% of GDP) almost as large as the entire economy.
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Type: Forecast  |
  Tags
debt, deficit, economy, taxes

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