Manhattan Institute for Policy Research: New Report - Low Interest Rates Won't Sustain Growing Federal Deficit
February 13, 2020
February 13, 2020
NEW YORK, Feb. 13 -- The Manhattan Institute for Policy Research issued the following news release:
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- Even with continued low interest rates, the U.S. debt will swell to 200% of GDP in 30 years
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Even as the U.S. budget deficit is set to surpass $1 trillion this year, the public remains largely indifferent to the soaring national debt. Politicians on both sides of the aisle continue to promise trillions more in deficit spending withou . . .
* * *
- Even with continued low interest rates, the U.S. debt will swell to 200% of GDP in 30 years
* * *
Even as the U.S. budget deficit is set to surpass $1 trillion this year, the public remains largely indifferent to the soaring national debt. Politicians on both sides of the aisle continue to promise trillions more in deficit spending withou . . .