• James Scholljegerdes

Federal Finances 101... if you don't have the money, just borrow it!



This page shows the recent history of U.S. federal government deficits and debt along with projections based on the CBO baseline. The left side of the page shows how much the government spends each year, highlighting the net interest paid on the debt. This chart also shows the sources of government revenue, and how much the government is forced to borrow to cover spending. The difference between Federal government spending and revenue is shown as the federal budget deficit on the top right, as a percent of GDP. It tracks the yearly budget deficit since the 1990s, while the chart below shows the federal net debt as a percentage of GDP, including the government’s own forecasts out to 2026. The assumptions about interest rates and the economy built into these projections are show in the table on the very bottom left.

Securities offered through Cambridge Investment Research. Inc., Member FINRA/SIPC  Advisory services through Cambridge Investment Research Advisors, Inc., A Registered Investment Advisor. True Wealth Advisors Group, Inc and Cambridge are separate entities . Cambridge does not provide tax or legal advice

IMPORTANT CONSUMER INFORMATION

This site is for informational purposes only and is not intended to be a solicitation or offering of any security and:

Representatives of a Registered Broker-Dealer (“BD”) or Registered Investment Advisor (“IA”) may only conduct business in a state if the representatives and the BD or IA they represent (a) satisfy the qualification requirements of, and are approved to do business by, that state; or (b) are excluded or exempted from that state's registration requirements.

Representatives of a BD or IA are deemed to conduct business in a state to the extent that they would provide individualized responses to investor inquiries that involve (a) effecting, or attempting to effect, transactions in securities; or (b) rendering personalized investment advice for compensation.

Securiites offered to residents of: Alaska, Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Maryland, Minnesota, Mississippi, Missouri, Montana, Nebraska, North Carolina,  Ohio, Oregon, Pennsylvania, South Dakota, Texas, Virginia, Washington, Wisconsin

Privacy Policy

©2018 by True Wealth Advisors Group Inc.