IMF Warns of ‘Pressing Need’ to Address U.S. Debt and Calls for Policy Changes
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#e5f25053 ver:0.36
The IMF warns of the urgent need to address the US debt crisis, calling for policy changes. They recommend raising tax revenues, addressing entitlement programs, and finding savings in non-entitlement spending. The IMF also urges the US government to run a surplus of 1% of GDP. The IMF's criticism aligns with previous warnings and they slightly downgraded the US growth forecast. The Congressional Budget Office raised its estimate for this year's budget deficit. A conservative budget expert has released a plan to stabilize the debt, but it's unlikely to be adopted. #USdebt #IMF #economy...
#newstr #Imf #UsDebt #Economy #Taxes #SpendingCuts
https://here.news/story/e5f25053?ver=0.36