What Debt To GDP Ratio Is Unsustainable?

The nonpartisan Congressional Budget Office (CBO) warns that the national debt is still unsustainable while Washington policymakers pursue significant legislative reforms. Under present law, the government debt is expected to exceed 150 percent of GDP in 30 years, a record high. CBO says that growing debt might undermine long-term economic growth, crowd out vital investments,

What Debt To GDP Ratio Is Unsustainable? Read More »