IMF Urges Urgent Action to Address Growing US Debt
===============
#e5f25053 ver:0.5
The IMF warns that urgent action is needed to address the growing US debt, which is projected to reach 140% of GDP by 2032. The IMF recommends a frontloaded fiscal adjustment of over $1.1 trillion, including raising taxes and reforming entitlement programs. This aligns with previous advice to reduce spending and raise revenue to improve long-term fiscal sustainability. The goal is to mitigate risks and create fiscal space for future emergencies. #USdebt #IMF #fiscaladjustment...
#newstr #Imf #UsDebt #GlobalEconomy #FinancialSystem
https://here.news/story/e5f25053?ver=0.5
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2024-07-01 04:58:00
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npub1dmcttvjcgursk4ayr4vjcchgzn64kuykqr5fluq58h7sa8etlkcq2y4u6qPublished at
2024-07-01 04:58:00Event JSON
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"content": "IMF Urges Urgent Action to Address Growing US Debt\n===============\t\n#e5f25053 ver:0.5\n\nThe IMF warns that urgent action is needed to address the growing US debt, which is projected to reach 140% of GDP by 2032. The IMF recommends a frontloaded fiscal adjustment of over $1.1 trillion, including raising taxes and reforming entitlement programs. This aligns with previous advice to reduce spending and raise revenue to improve long-term fiscal sustainability. The goal is to mitigate risks and create fiscal space for future emergencies. #USdebt #IMF #fiscaladjustment...\n\n#newstr #Imf #UsDebt #GlobalEconomy #FinancialSystem \n\n https://here.news/story/e5f25053?ver=0.5",
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