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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe fiscal trajectory is not sustainable: CBO warns about the highest debt in US history as Trump adds $1.4 trillion to
President Donald Trump has repeatedly pledged to slash the national deficit and curb debt during his second term, but a sobering assessment of the nations financial health by one of the federal governments premier fiscal watchdogs suggests Trump 2.0s policies have not only collectively pushed the federal deficit significantly higher, but put the country on an unsustainable path.
In its latest budget and economic outlook, the Congressional Budget Office (CBO), a nonpartisan federal agency, revised its cumulative deficit projection for the 20262035 period upward by $1.4 trillion compared with its forecast from just a year ago.
Our budget projections continue to indicate that the fiscal trajectory is not sustainable, CBO Director Phillip Swagel said in a statement, noting the agencys latest projections. Under laws passed in Trumps first year back in office, the national debt in 2030 will surpass the historic high of 106% of GDP, which it reached in 1946. Meanwhile, the balance of Social
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Securitys Old-Age and Survivors Insurance Trust Fund will be exhausted in 2032, one year earlier than the CBO projected last January.
https://www.msn.com/en-us/money/markets/the-fiscal-trajectory-is-not-sustainable-cbo-warns-about-the-highest-debt-in-us-history-as-trump-adds-1-4-trillion-to-10-year-deficit/ar-AA1W93H8
vapor2
(4,155 posts)Last edited Fri Feb 13, 2026, 01:26 AM - Edit history (1)
They have gutted so many darn agencies so where is that money?
UpInArms
(54,515 posts)There was only more grifting
