Market Watch: The U.S. Debt Will Rise by More Than $5 Billion - Every Single Day for the Next Decade
Article by Steve Goldstein in Market Watch
As the investment world still comes to grips with the Fitch Ratings decision to downgrade the U.S. debt rating, here’s an eye-popping stat: the U.S. government’s debt will rise by $5.2 billion — every single day for the next decade.
That’s according to the latest missive from Bank of America strategist Michael Hartnett, in which he references Congressional Budget Office projections to ......
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