That would mean 52 million Americans would not pay any taxes. I don’t suppose that would impact the federal deficit or state revenues. Note that
Tag: federal debt
Budget Update from the Committee for a Responsible Federal Budget
This potential increased debt is not even offset by tariffs as they now stand and appear to be declining. The Budget Lab at Yale projects
The debt
Higher Treasury Yields Would Add Trillions to the Debt MAY 6, 2025 ECONOMICS The 10-year Treasury yield today is approaching 4.4 percent, over 50 basis
Sorry, but … Socrates asked
The Congressional Budget Office (CBO) projects a $1.9 trillion deficit for fiscal year 2025, which is not far from the $1.8 trillion deficit in FY2024. Over
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