| Clip Of 2019 Budget and Economic Outlook
Report Video IssueCBO Director Keith Hall Says Debt Is On Unsustainable Course
2019-01-28T11:07:40-05:00https://images.c-span.org/Files/25a/20190128110816001_hd.jpgCongressional Budget Office Director Keith Hall says the nation's debt "is on an unsustainable course" according to the CBO's projections and that lawmakers will have to look at revenue increases and cuts to entitlement programs or both to address the problem. Deficit projections out today for the next five years are predicted to be $1 trillion higher than forecast when President Trump took office, with economic growth also predicted to drop slightly in the five years beginning in 2024.
Congressional Budget Office Director Keith Hall says the nation's debt "is on an unsustainable course" according to the CBO's projections an… read more
Congressional Budget Office Director Keith Hall says the nation's debt "is on an unsustainable course" according to the CBO's projections and that lawmakers will have to look at revenue increases and cuts to entitlement programs or both to address the problem. Deficit projections out today for the next five years are predicted to be $1 trillion higher than forecast when President Trump took office, with economic growth also predicted to drop slightly in the five years beginning in 2024. close