Graham: Budget Agency Projects Dim Future If Nothing Changes
WASHINGTON – Today, Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) reacted to the Congressional Budget Office (CBO) Budget and Economic Outlook: 2022-2032.
Click HERE to read Fast Facts on CBO’s analysis.
“CBO’s budget analysis of the coming decade in terms of national debt to GDP and interest on the debt is devastating and catastrophic. It can only be solved by both parties working together.
“The looming debt to GDP, projected to hit 110 percent by 2032, will crush the future of America in a way foreign powers never dreamed.
“If Republicans take back the Senate and I am the Budget Committee Chairman, I promise that the committee will take a deep dive regarding these matters and try to find solutions before it’s too late.”
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