The Federal Government's Long-Term Fiscal Outlook January 2010 Update

March 2010
GAO Reports;3/2/2010, p1
Government Document
The article offers updates on the long term forecasts of the U.S. federal government's fiscal sector as of January 2010 by the U.S. Government Accountability Office (GAO). It notes that the country's federal deficit reached 9.9 % of gross domestic product (GDP) in 2009 and is expected to slightly decline in 2010. The GAO's long-term outlook on the country's fiscal sector reveals an unsustainable growth in debt unless policy changes are implemented.


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