Why skyrocketing federal debt will mean the next recession is harder to overcome
The Congressional Budget Office says the U.S. deficit is reaching its highest levels since the end of World War II, when considered as a share of the total economy. In the next decade, it's projected to grow by $800 billion more than originally expected, due to spending, tax cuts and slower economic growth. Lisa Desjardins talks to Maya MacGuineas of the Committee for a Responsible Federal Budget.
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