Spending deal to add $1.7 trillion to deficit: CBO
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Stealing from our kids
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Date: August 21, 2019 11:58AM
A sweeping budget deal passed earlier this month to raise spending caps in 2020 and 2021 will add $1.7 trillion to the U.S. deficit over a decade, according to a new analysis from the Congressional Budget Office (CBO).
As we borrow more from tomorrow to pay for today, interest will consume a larger and larger part of the budget, limiting our options and threatening economic opportunities for the next generation