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Biden’s budget includes $3 trillion in deficit reduction: It’s still not enough

Por: The Hill Business March 22, 2023

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President Biden’s FY 2024 promises to reduce future deficits by over the next 10 years. That’s a big number. It is not enough, however, to prevent the debt from climbing to a record  of GDP , up from 98 percent this year and more than twice its average over the past 50 years.  It is also not enough to prevent interest on the debt from  over the next 10 years and reaching a record high as a share of the economy by 2032. The record is... + full article



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