0840 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> greta: bad news. not only are we drowning in debt we are getting sucked deeper under water. cbo just did an analysis of the federal budget. cbo projects by the end of this year the federal debt will be 62% of the nation's gdp. how bad is that? in '0840% of our gdp that is just the beginning. steve moore joins us live. sounds like terrible numbers 60 to% of the gdp. what does that mean -- of 2% of the gdp what does that mean? >> they used the word unsustainable. [ talking over each other ] >> they are saying 62% of all our output is how much our debt is. what is interesting and frightening i...

>> greta: bad news. not only are we drowning in debt we are getting sucked deeper under water. cbo just did an analysis of the federal budget. cbo projects by the end of this year the federal debt will be 62% of the nation's gdp. how bad is that? in '0840% of our gdp that is just the beginning. steve moore joins us live. sounds like terrible numbers 60 to% of the gdp. what does that mean -- of 2% of the gdp what does that mean? >> they used the word unsustainable. [ talking over each other ] >> they are saying 62% of all our output is how much our debt is. what is interesting and frightening i...