On the recordSeptember 12, 2011
We all agree that we are facing an unsustainable financial future, and under the CBO's alternative fiscal scenario, the debt is going to reach 82 percent of GDP by 2021.
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congress.govWe all agree that we are facing an unsustainable financial future, and under the CBO's alternative fiscal scenario, the debt is going to reach 82 percent of GDP by 2021.
Kerry highlights the unsustainable financial future and rising debt levels.
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the U.N. Finance Analysis suggests that it will cost trillions of dollars. Maybe $2.5 to $4.5 trillion a year between now and 2050.
no country can solve the climate crisis alone. This requires multilateralism automatically.