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Home>Coins dealers headline>The government budget deficit is about to explode to fight the coronavirus

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The government budget deficit is about to explode to fight the coronavirus

IMG Auteur

USA Gold

Published : March 27th, 2020

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Category : Coins dealers headline


	CNBC/Jeff Cox “In short, the shock from the COVID-19 spread will blow a fiscal hole through Washington, D.C., that could take years if not decades to patch.” USAGOLD note: Though the virus might fade, the mega-deficits – we take no pleasure in saying – are probably here to stay. In this article, Cox theorizes that we might see a federal deficit yet this year in excess of $1.5 trillion. That would push the aggregate national debt over $25 trillion. The U.S. government has added $17 trillion to the national debt since the turn of the century. Repost from 3-24-2020

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