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Thread: Deficit projected at $2.3 trillion for 2021, not counting additional stimulus, CBO sa

  1. 02-12-2021, 04:14 AM #1
    Peter1469
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    Deficit projected at $2.3 trillion for 2021, not counting additional stimulus, CBO sa

    Congress Critters won't stop spending until they crash the economy.

    Deficit projected at $2.3 trillion for 2021, not counting additional stimulus, CBO says

    • The federal budget deficit is projected to be $2.3 trillion in fiscal 2021, the Congressional Budget Office said.
    • That’s smaller than 2020 shortfall of $3.13 trillion but larger than anything the nation had seen prior to the Covid-19 pandemic.
    • Federal debt will swell to $35.3 trillion in 2031, it said, the largest debt-to-GDP ratio in U.S. history.
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  2. 02-12-2021, 07:58 AM #2
    midcan5
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    Funny how deficits suddenly return when democrats are in control. Pavlovian you think.


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  3. 02-12-2021, 07:59 AM #3
    Peter1469
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    I have repeatedly started threads about the debt and the deficit since I have been a member here.
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