Connect with us

Hi, what are you looking for?

National News

$100 trillion in new debt over next 30 years: CBO

In this Sept. 30, 2020, photo, a passerby walks past a hiring sign while entering a Target store in Westwood, Mass. (AP Photo/Steven Senne) **FILE**

By Stephen Dinan

The Washington Times

The government has opened up the spending spigot over the past year to deal with the coronavirus crisis — but the Congressional Budget Office says unless something changes, Uncle Sam’s freewheeling ways will last long after the pandemic is over.

In a new long-term budget report Thursday, the analysts at the government’s official scorekeeper said that by the middle of this century, federal spending each year will top 30% of gross domestic product, a rate the U.S. has touched before but never sustained.

Click the link below to read the rest of this story (subscriber content).

Click here to get more news from the Bulldog

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Bulldog Regional/Local

Kentucky State Police have confirmed they are conducting an investigation into the allegations


Also , Begged Joe To Run For WH To Salvage His Own Reputation And Made Porn Films With Prostitutes. Forensic Experts Prove Laptop IS...

National News

By Mark Hansel Bulldog Report managing editor The inaugural Freedom Fest in Morning View, Kentucky, drew a crowd of thousands to the farm of...


British socialite massaging Epstein's feet on the Lolita Express