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Federal Deficit Shrinks, But Spending Pressures Loom
Published 2 weeks, 3 days ago
Description
Fiscal analysts predict a smaller federal deficit than expected, driven by higher revenues and improved GDP figures. The deficit is now below the projected seventy-eight billion dollars for the 2025-2026 fiscal year. However, spending pressures and potential risks like NATO targets and CUSMA review could impact this positive outlook.
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