US Deficit Surpasses $1,600,000,000,000 As Larry Summers Warns America on Unsustainable Fiscal Trajectory

Former US Treasury Secretary Larry Summers says America is walking a precarious path as the nation’s budget deficit reaches $1.613 trillion. Speaking in an interview with Bloomberg at the Aspen Economic Strategy Group Summit, Summers says that everything is suggesting that the US’ costs are about to vastly overshadow its revenue, creating a larger and The post US Deficit Surpasses $1,600,000,000,000 As Larry Summers Warns America on Unsustainable Fiscal Trajectory appeared first on The Daily Hodl .