Government Information

Earl Gregg Swem Library

The 2016 Long-Term Budget Outlook

Categories: Govt Finance,Health/Medical,Retirement/Social Security,Statistics,Taxes

https://www.cbo.gov/sites/default/files/114th-congress-2015-2016/reports/51580-LTBO.pdf

Estimates that if current laws remain unchanged, the U.S. would face steadily increasing budget deficits and debt over the next 30 years, reaching the highest level of debt relative to GDP ever experienced in this country.  From the Congressional Budget Office