U.S. Debt on Track to Hit a Record 107% of GDP by 2031, CBO Says

Federal deficits are projected to soar over the next decade, but not as much as officials forecast last summer as economy revives, the nonpartisan agency says.Federal deficits are projected to soar over the next decade, but not as much as officials forecast last summer as economy revives, the nonpartisan agency says.Read MorePAIDWSJ.com: US Business