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Amid heightened uncertainty, policymakers will need to deal with complex trade-offs between debt, slower growth, and new ...
Diana Shaw of Wiley Rein LLP discusses the Government Accountability Office (GAO) report to Congress on the nation's fiscal ...
As the government borrows more to cover these gaps, it floods the market with debt, pushing interest rates above 5%. Debt payments now outstrip defense spending — a fact that drives up mortgage rates, ...
The U.S. Treasury data has revealed that the country’s net interest payments on debt as a percentage share of federal revenue ...
A new report from the Government Accountability Office, however, is lending some credence to the allegation that billions of dollars are being improperly spent. According to the GAO, in the 2024 ...
Tech billionaire Elon Musk’s controversial DOGE is being audited by the Government Accountability Office (GAO), according ... s name that can massively hike debt, especially if a crime syndicate ...