The twin deficits hypothesis has long been central to macroeconomic debates, positing that a government’s chronic fiscal deficit may generate or exacerbate a current account deficit. This ...
The resolution expresses the sense of the House of Representatives that the United States should reduce and maintain the federal unified budget deficit at or below 3% of GDP while acknowledging that ...
President Donald Trump has not reduced the federal deficit by 25%. The deficit for fiscal year 2025, which ended Sept. 30, was 2.3% smaller than the fiscal year 2024 deficit. Considering only the ...
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