Growing Deficit and the Future of U.S. Fiscal Policy
Tax Notes Talk
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Analysis of U.S. National Debt Sustainability and Government Spending
This chapter explores the intricate factors influencing the sustainability of the U.S. national debt, debunking fixed thresholds and emphasizing the unpredictable nature of economic predictions. Topics covered range from mandatory spending on social programs to defense budgets and the effects of rising interest rates on the deficit.
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