U.S. deficit, debt on ‘unsustainable course’ – Politics – WORLD

WASHINGTON—At the current rate of government spending, the federal deficit will top $1 trillion in fiscal year 2020. That’s the warning coming from the nonpartisan Congressional Budget Office. The projection announced Wednesday increased by $63 billion to account for the massive budget deal President Donald Trump and Democratic leaders in Congress reached earlier this summer.

Source: U.S. deficit, debt on ‘unsustainable course’ – Politics – WORLD

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