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- Non-minute Congress Budget Department The tax reduction and the act of the business act was estimated to be the effect. This may increase from 200% to 200% to 200% of the US debt, and by 2054 to 2054, and by 2054, he thinks that the debt charge is more pressurement.
President Donald will send a permanent tax discounts of Trump, inequality from the budget room for a new estimate, over 200% of GDP in several decades.
The success of Trump’s first term of signature economic policy will end at the end of this year, but the top Senate called on Republicans to permanently.
Some financial conservatives, a Republican deputy leading the Republic Deputy, and CBO to guess what national debt will do.
In response to this, CBO Friday said The debt, which is extended in a permanent manner and other changes in the financial policy, will reach 214% in 2054 in the absence of tax discounts and business actions.
The cost of debt costs, the financial situation with an additional 1 percent point, the debt worsens, debt in 2047 will be 2047 in 2047 and will be 2047 and more than 250% of GDP.
The total debt of the United States The $ 36 trillion is $ 29 trillion in the public. Cost to serve US debt payments $ 1 trillion in a year, More than the Pentagon’s budget, to add a debt.
“Macroeconomic opinion effects will further increase interest rates and therefore lead to worse financial results” Peter G. Notified Peterson Foundation. “Such findings show the sensitivity of the nation’s financing to the debt costs.”
A scenario-US debt, which expires tax reductions under the current initial calculation of CBBO, will reach 166% from 99% to 2054 today. Even this forecast, immediately after World War II, will continue to grow previous height in the previous height, and the debt continues to increase.
An official of the White House explained Fortune Trump management will increase more energy production, regulation and spending, increase research-in-incorrect reforms and expand the tax base. This will reduce inflation, which allows you to reduce interest rates and reduce debt costs.
He added that management plans to increase income from the tariffs, and hundreds of billions of dollars in China’s first inflation or growth in China.
The CBO sheet did not measure how continuous the forecasted debt will be. However, if 200% of GDP passes, it violated the maximum level Penn Wharton Budget Model.
In October 2023, when does the federal debt reach a sustainable level? ” Above, during this period, the US debt was more than 200%.
Although Japan is a larger debt, it is not an appropriate example, because its higher home deposit rate allows the country to win more public debt.
“This 200 percent value, using various affordable assumptions, is more than 175 percent, and even believes that the government will ensure that the government will effectively implement the cost-effective procedure.” “Once financial markets believe in otherwise, financial markets can be opened in smaller debt rates.”
CBO’s estimates come because of debt warnings are collected. Recently, billionaire investor Ray Dalio predicted the United States Inevitable debt crisis.
Finally, the supply of debt that ensures the sale of the United States will be greater in global financial markets “Shock developments“He warned Be alive Conference in Singapore at the beginning of this month.
“The reconstruction of the debt may be, debt, borrowing, can put pressure on countries to put political pressure on countries,” Dalio said. “Some prey countries can be cut off for political reasons, there may be debt monetization.”
This story was first displayed Fortune.com
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