Watchdog Report: Debt will exceed U.S. economy in 2020

Coronavirus

April 13 (UPI) -- Debt held by the public will exceed the size of the U.S. economy by the end of fiscal 2020, a watchdog said Monday. The United States already faced trillion-dollar deficits ahead of the coronavirus pandemic, the Committee for a Responsible Federal Budget said in its report . Now that debt will "grow much higher," as a result of the crisis and the relief aid money passed in legislation to address it. Advertisement The CRFB projects the deficit in fiscal 2020 will be more than $

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Watchdog Report: Debt will exceed U.S. economy in 2020 https://www.upi.com - 27.03.2025 10:20

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Watchdog Report: Debt will exceed U.S. economy in 2020 https://www.upi.com - 27.03.2025 10:20