Goldman Sachs CEO Warns of US Economic ‘Shocks’ As CBO Projects $1,900,000,000,000 in Deficits This Year

The chief executive of Goldman Sachs says the government will eventually be forced to get its finances in order as America’s debt burden hovers at historic highs. The latest data from the Congressional Budget Office (CBO) shows that the federal deficit will total $1.9 trillion this year and average $2.4 trillion annually from 2027 through … Continue reading Goldman Sachs CEO Warns of US Economic ‘Shocks’ As CBO Projects $1,900,000,000,000 in Deficits This Year