May 23, 2018
CNBC | May 21, 2018 | ~ Goldman Sachs: The fiscal outlook for the US 'is not good' ~ | .. ↠ Jan Hatzius, chief economist at Goldman Sachs, sees the deficit ballooning to $2.05 trillion (7 percent of GDP) by 2028. ↠ "Lawmakers might hesitate to approve fiscal stimulus in the next downturn in light of the already substantial budget deficit," the economist said. ↠ The Congressional Budget Office projects that debt could equal GDP within a decade, a level not seen since World War II .. |