The reining in the US budget is not going to happen under either party - the projected budget this year to 30 September has been revised upwards from $1.4tr to a bit over $1.9tr or 7% of GDP - this was a recent update from a few months ago (February I think) and it would have been $2tr but for a timing difference in payments. Note the Fed government debt goes up by more than then budget deficit - I forget the reason.
- Forums
- Commodities
- GOLD
- gold
gold, page-127774
-
-
- There are more pages in this discussion • 870 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)