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Financial Daily Dose 9.3.2020 | Top Story: CBO Projects U.S. Nat’l Debt Will Nearly Eclipse GDP for First Time Since WWII

BY: Michael D. Reif | September 3, 2020

New figures from the Congressional Budget Office predict that U.S. government debt will, thanks to the pandemic recession, just about eclipse the size of the nation’s GDP—a level not reached since just after World War II – CBO and WSJ and MarketWatch and NYTimes Still, fiscal hawks be damned, the Dow again topped 29,000 and … Continue reading