federal deficit

Understanding the Projected $2.7 Trillion Federal Deficit in 2035

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veterandisabilityadviser.com

The Rise of Social Security and Medicare Spending As the United States faces an ever-increasing projected federal deficit, a primary driver of this financial challenge is the rise in expenditures on entitlement programs, particularly Social Security and Medicare. These programs are experiencing significant pressures due to the ongoing aging of the population, coupled with escalating … Read more

A Grim Future: The U.S. Federal Deficit Projections for the Next Decade

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veterandisabilityadviser.com

Introduction to the Federal Deficit The federal deficit occurs when the government’s annual expenditures exceed its revenues, resulting in a shortfall that necessitates borrowing to finance the gap. This phenomenon is a significant element of the U.S. fiscal framework, impacting the nation’s economic stability and growth potential. A sustained federal deficit can lead to a … Read more