Macro Musings with David Beckworth cover image

Senator Pat Toomey on Fed Governance, Monetary Policy, and the future of Digital Assets

Macro Musings with David Beckworth

CHAPTER

Fiscal Challenges and Debt Reform

This chapter explores the urgent need for entitlement reform and bipartisan cooperation to manage national debt, currently at $36 trillion. The discussion highlights the implications of increased spending post-COVID and advocates for resetting expenditures to pre-pandemic levels to restore fiscal responsibility.

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