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The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to extend President Donald Trump's 2017 tax cuts. The CBO said U.S. debt held by the public is on track to reach its highest level ever in 2029 before reaching 156% of gross domestic product in 2055. Gross domestic product […]
The post CBO says mounting debt could slow growth, pose 'significant risks' appeared first on The Black Chronicle.
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