How the U.S. Can Fix Its Debt Without Austerity — and Why We Haven’t Yet
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How the U.S. Can Fix Its Debt Without Austerity — and Why We Haven’t Yet
The Problem: A Dangerous Fiscal Trajectory If the U.S. does nothing, national debt will climb to over 231% of GDP by 2075. That’s not sustainable. It would mean the country owes more than twice the size of its entire economy, just as interest payments eat into core services and investment. But here’s the good news: this outcome isn’t destiny. It’s math. And math can be changed. We built a model that shows how the U.S. could reduce its debt-to-GD…
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