Federal Debt Projected to Grow by Nearly $10 Trillion Over Next Decade

After seven years of fitful declines, the federal budget  deficit is projected to begin swelling again, adding nearly $10 trillion to the federal debt over the next 10 years, according to projections from the nonpartisan Congressional Budget Office that reveal the strain that government debt will have on the economy as  President Trump embarks on plans to slash taxes and ramp up spending.

Publisher: NYTimes | Author: Alan Rappeport

TAGS
deficits, donald trump, infrastructure, republicans, and taxes
DATE PUBLISHED
2017-01-24 (Modified: 2017-01-24)

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https://www.nytimes.com/2017/01/24/us/politics/budget-deficit-trump.html

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