CBO’s Projection of Federal Interest Payments
Full Text Reports... 2014-09-04
CBO’s Projection of Federal Interest Payments Source: Congressional Budget Office Federal debt held by the public will reach about $12.8 trillion by the end of this fiscal year, an amount that equals 74 percent of the nation’s total output (gross domestic product, or GDP) this year. If current laws generally remained unchanged—the assumption that underlies […]
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