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The US fiscal mess: Some unpleasant fiscal simulations

Based on recent projections, the US federal debt is expected to grow to historic highs over the next decade. This column uses the FRB-US model to simulate fiscal scenarios for the US. Across all fiscal consolidations considered, the debt/GDP ratio and interest bill increase at least until 2026-2027. Growth is not a…
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Jul 27, 2024The US fiscal mess: Some unpleasant fiscal simulations by cen4141280

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