Monday, April 27, 2020

U.S. DEBT TO EXCEED SIZE OF ECONOMY FOR 1ST TIME SINCE WWII

Driven by the multi-trillion-dollar emergency relief packages in response the coronavirus, the U.S. deficit is expected to be $3.7 trillion in 2020, according to the Congressional Budget Office.
That would cause the federal debt to exceed the size of the economy for the first time since World War II, the Washington Examiner reported.
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WND.COM
The U.S. deficit is expected to be $3.7 trillion in 2020, according to the CBO, driving the debt above GDP for the first time since World War II

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