CCP Virus Exploding Federal Deficit Even as Comptroller General Warns of ‘Urgent’ Need for Debt Reduction

Secretary of Treasury Steven Mnuchin attends a meeting to discuss a potential economic bill in response to the CCP virus, in Washington on March 20, 2019. SAUL LOEB/AFP via Getty Images

WASHINGTON—There were only rumors of a possible $1 trillion economic stimulus package on March 12 when U.S. Comptroller General Gene Dodaro urgently warned the Senate Budget Committee that federal spending and debt are on an “unsustainable” path.

Dodaro got right to the point at the outset of his testimony: