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US federal debt projected to grow by nearly US$10t over next decade

Numbers reveal strain that govt debt can have on economy as Trump presses to slash taxes, up spending
Thursday, January 26, 2017 - 05:50

Mr Mulvaney has said that it would be his role to deliver hard truths to Mr Trump. One of those truths, he suggests, could be the need to raise the eligibility age for Social Security.


AFTER seven years of fitful declines, the US federal budget deficit is projected to swell again, adding nearly US$10 trillion to the federal debt over the next 10 years, according to projections from the nonpartisan Congressional Budget Office (CBO). The numbers reveal the

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