By Daniel Lacalle
Even the CBO’s wildly optimistic budget estimates predict deficits and interest expenses will soar, even without a recession. That means in the real world, the disastrous debt trend will be far worse than the estimates.
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Even the CBO’s wildly optimistic budget estimates predict deficits and interest expenses will soar, even without a recession. That means in the real world, the disastrous debt trend will be far worse than the estimates.