U.S. Federal Deficit Projected to Rise Amid “3-3-3” Plan Challenges
The U.S. federal budget deficit is projected to increase once more, presenting a significant challenge to the Trump administration’s stated fiscal goals. This trajectory runs counter to U.S. Treasury Secretary Scott Bessent’s ambitious target to reduce the deficit to just 3% of GDP by the conclusion of President Donald Trump’s second term. Bessent’s deficit reduction […]
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