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Just for comparison, the US budget deficit will rise by approximately that amount($5 billion) per day every day for the next decade, according to Congressional
by logifail 3y ago
Just for comparison, the US budget deficit will rise by approximately that amount($5 billion) per day every day for the next decade, according to Congressional Budget Office estimates:
https://www.marketwatch.com/story/the-u-s-debt-will-rise-by-more-than-5-billion-every-single-day-for-the-next-decade-775ed38d https://www.marketwatch.com/story/the-u-s-debt-will-rise-by-...
https://www.marketwatch.com/story/congressional-budget-office-paints-grim-long-term-u-s-deficit-picture-f131d86f?mod=search_headline https://www.marketwatch.com/story/congressional-budget-offic...
- qeternity 3y agoThe debt will increase by that amount, not the deficit. The deficit is $5b/day
- outside1234 3y agoIs that true even after the Trump tax cuts expire?
- paulpauper 3y agothese numbers have gotten so big they ceased to mean anything for most people as they cannot put their heads around it .
- pcdoodle 3y ago21 million is easy to understand in comparison.
- ncallaway 3y ago> ...the US budget deficit will rise by... That is not what the article says. The article says the debt will rise each day. Think of the deficit as the 1st derivative of the debt, or the rate of change. If date is increasing at a constant rate, then the deficit is staying mostly flat. So, the article is saying something like "John is running away from us, and will get 5 miles further away every hour", and you're saying "John is running away from us, and he gets 5mph faster every hour".