Forbes

Coronavirus, CARES And PPP Will Explode The Federal Deficit And Debt

Coronavirus, CARES And PPP Will Explode The Federal Deficit And Debt

The Federal government will spend over $2.5 trillion in just the next few months to try and offset the economic impact of the coronavirus. This spending, along with lower tax revenues, will create deficits and levels of debt that the U.S. has never experienced.

Source: Forbes – Markets
Date: April 25, 2020, 22:57