Posted on 09/05/2019 3:21:38 PM PDT by spintreebob
CHART BOOK INDEX Fiscal Policy Outlook: August, FY2019 Snapshot 2018: $779 Billion Deficit Higher Than Average Spending And (Eventually) Taxation Mandatory Spending Crowds Out The Budget Major Components Of Mandatory Spending Entitlements And Interest Is Squeezing Other Priorities Mandatory Spending Is Bad: Interest Is Even Worse The U.S. Is Borrowing To Pay Interest Costs The U.S. Runs A Structural Primary Deficit Debt Ultimately On An Upward Trajectory Debt Ultimately Approaches 1.5 Times The Size Of The Economy What Drives Our Debt? Congressional Budget Process Timetable SHARE CHART BOOK
Read more: https://www.americanactionforum.org/chartbook/budget-chart-book-fy2019-q4/#ixzz5ygwA6HrG Follow us: @AAF on Twitter
(Excerpt) Read more at americanactionforum.org ...
Thanks for posting. Interesting.
I’m lucky that way.
I don’t need charts to see that if my expenses are more than my income each month, I’m ####ed and need to make adjustments.
Radical idea I know but I’ve always been a rebel :)
Trillion dollar deficits as far as the eye can see. And those projections will only get worse if we hit an economic downturn.
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