U.S. debt to hit nearly twice GDP by 2050 -CBO


By 2050, the annual deficit is projected at 17.5% of GDP as a result of higher interest costs and higher spending on health care programs and Social Security, CBO said.

(Reporting by David Lawder Editing by Marguerita Choy)

((David.Lawder@tr.com; +1 202 354 5854; Reuters Messaging: david.lawder.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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