Government’s Startling Projection: Federal Debt to Double in 12 Years, Excludes Recession and Wartime Scenarios

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The government’s projection of the fiscal deficit carries a sobering implication: it foresees the Federal debt doubling within a mere 12 years.

The government's own estimate of the fiscal deficit implies that the Federal debt will double in 12 years.

What is even more ludicrous:

This projection does not assume any recessions or the scenario of transitioning into a wartime regime. pic.twitter.com/Oe8rzyWxfw

— Otavio (Tavi) Costa (@TaviCosta) October 25, 2023

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