America’s Debt: Sustainable but Challenging to Sustain
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#7b8e26cc ver:1.05
America's debt is sustainable but challenging to sustain. The debt-to-GDP ratio is projected to rise to 166% by 2054, posing a threat to economic growth. Meeting interest obligations may require cutting spending, impacting growth. The US must decide whether to borrow more or cut important initiatives. Janet Yellen supports President Biden's deficit reduction plans. The IMF concludes that the debt is sustainable but acknowledges the challenge. Strong institutions and measures like increasing tax revenues are key. Careful management and policy decisions are needed for long-term sustainability. #USDebt #EconomicGrowth #Sustainability...
#newstr #UsDebt #EconomicGrowth #Imf #Sustainability #BudgetDeficit
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