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The Secret Path to Escaping US Debt
Source: Bloomberg
Fiscal Policy & BudgetTax & TariffsSovereign Debt & Ratings
US tax-code credits and deductions cost an estimated $2.3 trillion annually, according to Bloomberg Opinion. The article argues that Congress may need to reconsider these tax expenditures as part of efforts to address America’s debt problem, highlighting fiscal-policy risks rather than announcing a specific legislative action.
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