Atlas Capital Capital Partner and CEO Direreds requires United States What to do in debt in Claman Countgedown.
No membership budget offices do not have long-term budgets and demonstrates the budget deficit National Debt Well above US economic scale.
CBO budget estimates that are 100% of GDP higher than 1946 while the United States begins to occupy war.
National debt growth will be driven by the Budget Deficit from 6.2% of GDP in 2025-2024 Average in 1995-2024
Federal Spend The cost of spending the necessary spending by social insurance and Medicare amid the elder of America’s population. Social Security expected from 5.2% of GDP this year up to 655, while spending the Medicare in 20.8% of GDP in 2055.
The United States faces early risk in August if the debt exempt, CBO prediction
The core funds of society is due to leaving a reservation in less than a decade, Cobo. Old insurance funds and survivors will be shipped out in 20333, even next year in advance of disabilities with disabilities.
When Social Security Trust Funds are automatically missing for automatic beneficiaries on $ 20.976, which will fall by $ 474 per month if cutting up to 24%.
Medicare Hospital insurance fund It is estimated that 2052 after estimated predictions and predictions that are susceptible to economic and uncertainty.
The United States Strength Strength
The federal deficit of government is being driven by primary by increasing social, Medicare spending and interest expenses from debt. (New busthy / fox News)
Another automotive driver of the increasing spending will be the net interest expenditure, GDP this year up to 555 while the National Debt continues to grow. In 2045, the average interest rate CBO in debt is expected to exceed the US growth rate.
US GDP It is expected to grow at slow rates in the coming decades, with the growth of the production of labor;
CBO added that the population growth has a « significant effect on the economy » and that If there is no immigrationThe US population is expected to start shrinking in 2033.
The CBO report also noted that its estimate is based on the act of administrative, economic, taxing and other policy effects.
Federal Budget deficit hits $ 1.1t in the first 5 months
The funds of the Social Security Condition is in less than a decade, which will cut 24% benefits. (Kevin Demments / Getty Imagle / Getty Image)
The Nonpartisan Peter G. Foundation Reported that CBO reports, which can increase the risk of debt and other economic results.
« The risk of budget crisis – that is a situation where the investor loses confidence in confidence and disturbance value and others. » « The possibility of bad results to increase.
Committee for the federal government of no responsibility, bad payments, at risk of high risk crisis. «
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