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CRFB projects massive $22.7 trillion U.S. deficit by 2035 due to recent tax and spending laws, raising concerns over fiscal sustainability.
#usdeficit, #taxpolicy, #fiscalpolicy, #CRFB
BlackRock warns U.S. debt could undermine financial markets as Congress debates a $4.5T tax and spending proposal, with implications for Treasury yields.
#usdebt, #blackrock, #taxpolicy, #uspolitics