Exploding Debt, Slowing Productivity: America’s Economic Future Looks Grim Unless Politicians Get Serious About Fiscal Responsibility
Even under the best-case scenario, the long-term outlook is scary, with public debt reaching 166 percent of GDP in 30 years and all federal debt reaching 180 percent.

Congressional Budget Office projections provide valuable insights into how a big chunk of your income is being spent and expose the long-term consequences of our government’s current fiscal policies — you may endure them, and your children most certainly will.
Yet, like most other projections looking into our future, these numbers should be taken with a grain of salt. So should claims that CBO projections validate anyone’s fiscal track record.
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