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2024-07-11 14:58:24

The Long-Term Challenge of the US Budget Deficit and the Political Exploitation of the Issue on Nostr: The Republican Party's Shift on Debt and Deficits =============== #271c2cbc ver:0.23 ...

The Republican Party's Shift on Debt and Deficits
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#271c2cbc ver:0.23

The Republican Party has shifted its stance on debt and deficits, with their platform no longer mentioning the nation's fiscal situation. This change has alarmed budget hawks as the US national debt approaches $35 trillion and is projected to exceed $56 trillion in the next decade. Efforts to reduce the deficit include strengthening IRS enforcement and a combination of spending cuts and tax increases. However, there is currently insufficient political momentum to address the deficit at the required scale. The choices made in the budget matter more than the surplus or deficit numbers, as highlighted in Australia. #Debt #Deficits #BudgetDeficit #RepublicanParty #USNationalDebt...

#newstr #BudgetDeficit #GovernmentSpending #EconomicCrisis #Australia'sBudget #UsBudgetDeficit #RepublicanParty #Debt #Deficits

https://here.news/story/271c2cbc?ver=0.23
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