In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...
The U.S. federal debt held by the public reached 98% at the end of fiscal year 2024 and is expected to rise to over 100% by the end of fiscal year 2025 (fiscal year ends Sept 30). With the US ...
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