Archive for June 5th, 2012

Doubling the National Debt in 25 Years


Tuesday June 5th, 2012   •   Posted by Craig Eyermann at 10:26am PST   •   1 Comment

The Congressional Budget Office has just issued its Long-Term Budget Outlook for 2012 for the U.S. government’s budget, indicating that they now believe the United States government will double the size of its national debt, with respect to the nation’s GDP, in just 25 years time: The budget outlook is much bleaker under the…
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