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We are just less than three weeks out from the 2024 election. Meaning that in about three and a half weeks—or however long it takes to count the votes—we’re goi
‘We need to deal with the debt and the deficits,’ Goldman Sachs CEO David Solomon said.
The national debt presently stands close to $34.5 trillion.
The president’s budget forecasts a $53 trillion national debt in ten years, prompting economists to doubt fiscal sustainability.
The founder of FedEx has added his voice to the chorus of views expressing concern about out-of-control spending in Washington.
Federal shortfall reaches $532 billion as spending and receipts are both up.
National debt will account for 172 percent of the economy by 2054.
President Joe Biden’s economic policies will help the United States be more fiscally responsible.
Treasury officials say massive borrowing will subside over the next several quarters.
