‘Fiscal crisis’ warning as deficits rise, debt set to hit $20T next year

I thought you might be interested in this article ‘Fiscal crisis’ warning as deficits rise, debt set to hit $20T next year.

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While the staggering national debt has virtually disappeared as a 2016 campaign issue amid White House assurances the problem has faded, D.C.’s budget scorekeepers have issued a stark warning that the red ink is growing once again – increasing the likelihood of a full-blown “fiscal crisis.”

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William W. Lee