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National debt nears $31 trillion as Congress considers new spending bill
The Congressional Budget Office has estimated that the debt will reach 110% of GDP in 2032 — higher than it has ever been — and 185% of GDP in 2052
The Congressional Budget Office has estimated that the debt will reach 110% of GDP in 2032 — higher than it has ever been — and 185% of GDP in 2052
The national debt is nearing $31 trillion with the Democrat-led Congress back in session to debate a spending bill to keep the federal government funded past Sept. 30.
https://www.cbo.gov/publication/58147
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