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Home Depot Koopter Ken Langone assesses the state of the US economy and resolves the existing political picture during an exclusive interview on “Special Report”.
November Congress Budget Department (CBO) has released a new dynamic analysis of the Big Nazi Bill, which will increase budget deficit more than $ 300 billion, which has more than a decade to reduce $ 2.4 trillion.
CBO identified the federal lifting of the passing version of the legislation Budget deficits Taking into account the impact of policies in the economy, using a dynamic analysis, a total of $ 2.77 trillion over the next ten years.
People’s deficit comes from more than a decline in more than $ 3.5 trillion due to tax discounts, over $ 774 billion worth $ 774 billion worth of costs worth $ 774 billion in this period.
CBO estimated that the growth of economic output will be reduced to $ 85 billion in the next decade – if higher interest rates are combined with higher deficiency, will increase interest payments on the main projection of the federal debt.
Jamie Dimon warns that the US debt and deficiencies are a growing problem
CBO estimated that the increase in economic output will reduce its primary budget deficit to $ 85 billion over the next decade. (J. David Ake / Getty Images / Getty Images)
Interest rates 10 years of treasure notes Over the next ten years, an average of 14 main points (percentage of one percent of the main point) is projected. Inflation will increase by 2030 to 2030, the CBO will increase in small quantities from January 2025.
CBO also estimated the real GDP The effect of inflation In 2025-2034, an average of 0.5% will increase.
In addition, he estimated that CBO low marginal tax rates Since the beginning of this year, the early decade of income will be increased since the beginning of this year. Other changes to Medicaid, Snap and student credit programs by Bill will increase their labor supply to less.
The percentage of the CBO projection is the percentage of US debt to US debt as a percentage of GDP – Metric used by economists to compare the debt burden of a nation the size of its economy – In 2034, it will increase by 7.1 percent compared to the current market.
This figure contains additional debt service expenses caused by larger national debt. The dynamic analysis established by the house set up by the house for use does not include expenses of debts, which are made in higher shortcomings for a long convent a long time for cost assessment.
At the same time, the agency estimates that general shortcomings will be $ 3.4 trillion over the next ten years.
CBO says that the United States will increase by 156% of national debt GDP to expand budget deficit
Under this year, under the letter of CBO, not taking into account GOP legislation, in 2055, in 2025, GDP is expected to be reduced from about 6.2% of GDP to 7.3%.
Currently, the budget guard will hold a budget deficit of the Federal Government for the 2025 financial year, the Federal Government.
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This COBO’s previous Maya cost The so-called “Great Beautiful Bill” revealed that it would be $ 2.4 trillion in the next 10 years under the version of the Bill, called “Great Beautiful Bill”. In this analysis, the legislation did not include a broader impact on the economy.
