Social Security remains one of the largest federal spending categories, while net interest on the national debt is the ...
This resulted in federal net outlays surging well above the historic average of 20% of GDP, while revenues as a percent of GDP were close to their historic average (see chart) The main concern is ...
The Department of Government Efficiency (DOGE), led by Elon Musk, is working to cut federal spending ... DOGE hasn't yet provided a detailed breakdown of its cuts, so it's unclear how it is ...
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