IMF Urges US to Raise Taxes and Reform Entitlement Programs to Curb Rising Debt Levels
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#e5f25053 ver:0.46

The IMF has urged the US to raise taxes and reform entitlement programs to address its rising debt levels. Despite robust economic growth, high deficits and debt pose a risk to the US and global economy. The IMF recommends a surplus of 1% of GDP and implementing Basel III agreements for financial stability. Without policy changes, US debt could surpass 140% of GDP by 2032. The US Treasury did not directly address the IMF's advice. #IMF #USdebt #taxreform #entitlementprograms...

#newstr #Imf #UsEconomy #DebtRisks #Taxes #Inflation #GdpGrowth #TradeBarriers #EntitlementPrograms 

 https://here.news/story/e5f25053?ver=0.46