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Total Outlays and Revenues as a Percentage of Cbo  Form

Total Outlays and Revenues as a Percentage of Cbo Form

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good day fellow investors the Congressional budget office came out in June with the long-term outlook for the budget and I think there are things there that anyone in the world needs to know and must see therefore I did this video but I also suggest you to read a little bit about what they are projecting and how does that work over the long term there are the numbers written everything but in this video as it is a video I will focus on the charts and let's start with deficits and debt now when you look at this this is spending over the last 70 years and it is projected that each year the government will just have larger and larger deficits so imagine going to the bank and saying I will spend more than I make for the next 30 Years give me not the loan give me an account you won't even get an account with the bank but the government says they can print their their own money think that will be a game that they will be able to play Forever and that is the first projection the government wi

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