5min chapter

Patrick Boyle On Finance cover image

Can Elon Musk Cut Two Trillion Dollars From the US Budget?

Patrick Boyle On Finance

CHAPTER

Understanding the US Federal Budget

This chapter examines the intricacies of the US federal budget, focusing on mandatory spending areas like Social Security and Medicare, and the challenges of enacting cuts. It also discusses discretionary spending and the potential risks associated with significant cuts proposed by influential figures in government.

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