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Budget Deficit To Hit Record $3.3 Trillion

Budget Deficit To Hit Record $3.3 Trillion

Assessment

Interactive Video

Social Studies, Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The Congressional Budget Office predicts a $3.3 trillion federal debt due to government programs addressing the coronavirus, tripling last year's deficit. This debt is expected to surpass the annual GDP next year, indicating significant economic implications.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does it mean for the federal debt to outpace annual gross domestic product?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Who is the presenter of the information in the video?

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