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New Study Reveals Worsening U.S. Budget Deficit and Its Impact on National Debt

New Study Reveals Worsening U.S. Budget Deficit and Its Impact on National Debt
2 months ago

According to a recent report from the Congressional Budget Office (CBO), budget deficits in the United States continue to widen, leading to a significant surge in national debt. The report warns that by 2033, the debt level could reach 156% of the country's Gross Domestic Product (GDP) unless serious measures are taken to reduce it.

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