These deficits assume no recessions other than the one we're in now. The red blocks are the ongoing impact of paying for Covid-19 + the green are the ongoing impact of tax extensions. We'll be at $30T in debt in early 2021. Then adding $1.5-$2T/yr thereafter (if we're lucky)🤔🤦♂️ pic.twitter.com/EN12oSLY5P
— M/I_Investments (@MI_Investments) August 10, 2020
Covid projected to add $8T to the national debt pic.twitter.com/QQpVLOVlwZ
— M/I_Investments (@MI_Investments) August 10, 2020