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Concerns over the US economy heading towards a recession ... without substantial improvement in GDP performance. The debt to GDP ratio shows a secular rising trend, says SBI.
and the portion held by the public is about 100% of GDP. The ever-worsening debt outlook led Fitch to downgrade the US credit rating from AAA to AA+. The same year, Moody’s changed its outlook ...
The Associated Press on MSN24d
US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO saysThe CBO’s latest long-term budget and economic outlook report — for a timeframe that spans 2025 to 2055 — projects publicly held debt to reach 156% of gross domestic product, or GDP, in 2055 ... also ...
while the CBO sees Medicare spending rising from 3.1% to 5.8% of GDP in 2055. US FACES DEFAULT RISK IN AUGUST IF DEBT LIMIT ISN'T RAISED, CBO ESTIMATES Social Security's main trust funds are due ...
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