Debt and deficits are going to explode in the next 30 years, CBO says

Bipartisanship got us into this mess.  The welfare state is unsustainable.  

“Due largely to increases in Medicare and Social Security, the federal debt is projected to reach 150 percent of GDP in 2047.”

Source: Debt and deficits are going to explode in the next 30 years, CBO says

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