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The U.S. fiscal hole has an AI problem at its core

Source: The Globe and Mail

Fiscal Policy & BudgetSovereign Debt & RatingsMonetary Policy

The article highlights a multitrillion-dollar U.S. fiscal problem and argues that Treasury Secretary Scott Bessent’s approach amounts to addressing only small, incremental items. The implied risk is that insufficient fiscal tightening could weigh on long-term confidence in U.S. public finances and debt sustainability.

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