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Why Trilliondollar Deficits Could Be The New Normal - Latest News

Why $1 Trillion Deficits Will Soon Be the New Normal

“And unlike the four consecutive $1 trillion deficits recorded during the first years of the Obama administration, these trillion-dollar annual deficits ... budget deficits are the new normal.” And th... read more

Why trillion-dollar budget deficits may be on a fast track to $2 trillion

But the outlook could be even worse than we thought. The nonpartisan Congressional Budget Office now projects that annual US budget deficits will cross the trillion-dollar mark in 2020 ... Trillion do... read more

Trillion Dollar Deficits in an Age of Prosperity

Massively unbalanced books became, somewhere along the line, the new normal. Nobody, at least nobody holding ... Jack Hough points out in a recent issue of Barron’s about the trillion-dollar deficits ... read more

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The deficit report card is in. Trillion dollars is now the new normal

Trillion-dollar deficits ... new revenue to pay for the tax cuts, but raise an additional $300 billion over a decade. The CBO report shows that the tax cuts and spending increases will gin up GDP, esp... read more

7 Reasons Americans Are So Complacent About Our Country's Impending Bankruptcy

Trillion dollar deficits are the new normal. The Fed is buying 61% of our own debt ... America is already stretched to the breaking point and who knows what sort of unexpected event could push us over ... read more

The ‘new normal’ excuse

Obama, you see, is a believer in the “New Normal,” a phrase ... with the Obama recovery?Why is it the weakest since the Great Depression? Maybe it’s the Obama policies, like a stunning disregard for t... read more

U.S. Budget Deficit to Top $1-Trillion in 2019: Budget Experts

If current policies continue, it said, the deficit could top a record-setting $2 trillion ... Stan Collender, a longtime budget expert, predicted in October that trillion-dollar deficits would become ... read more

Interview Chart Book: The Markets Are Waving A Huge Red Flag

But the Fed is trying to recreate conditions as is sub-par wasn't the new normal. They want the '50s and '60s to reemerge. Not going to happen. So you're saying - the summary of that, one summary, is ... read more

Deficit reduction done wrong

Obama’s deficits are now only $230 billion higher than George Bush’s worst deficit, leaving the Empty Chair on track to just barely accumulate more debt than all of his predecessors combined. The New ... read more

Transcript: Read the Full Text of the CNBC Republican Debate in Boulder

HARWOOD: The Tax Foundation says — has looked at all of our plans and — and his creates, even with the dynamic effect, $8 trillion dollar deficit… QUICK ... And now we have to accept 2 percent, the ne... read more

The deficit report card is in. Trillion dollars is now the new normal

The CBO now projects trillion-dollar deficits will start in 2020 ... Related: Interest payments on US debt could top $1 trillion The Trump administration, meanwhile, has contended that the new tax law ... read more

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