The federal budget is in worse shape than the government is admitting, according to an analysis from a federal budget watchdog group that downgrades the nation’s economic outlook. “The nation’s fiscal and economic outlook has deteriorated substantially since the last Congressional Budget Office (CBO) baseline in May, when CBO projected debt would reach a record 110 percent … Continue reading National debt heating up fast, says independent group, and is expected to reach 138% of GDP in 10 years