The Congressional Budget Office said this week that it expects the U.S. economy to stagnate this year with the unemployment rate jumping to 5.1% — a bleak outlook that was paired with a 10-year projection that publicly held U.S. debt would nearly double to $46.4 trillion in 2033.
The office’s updated 10-year Budget and Economic Outlook outlined stark expectations for the decade ahead, where Social Security would be unable to pay full benefits to recipients in 2032 — with a roughly
