Graph of the Day for April 25, 2010

"Given current law and certain changes to that law that are broadly supported by the Administration and Congress, the budget deficit and debt are on a worrisome path-unsustainable in the long run and posing growing risks even during the next several years."  Douglas Elmendorf, Director of the CBO, April 23, 2010.


Source:  CBO.


Hoven's Index for April 25, 2010


US Federal Government debt in 2007 (% of GDP):  37%

Projected US debt in 2020:  90%

Governments with debt greater than 90% of GDP in 2007:

Japan:  165%

Greece:  105%

Italy:  95%

Source:  CBO.


Graph of the Day Archive.
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