MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Deficit down 15%, but...Spending???

CrashCrash
in Other Investing
...Without reducing spending, the deficit will not fall any further. Kelly Evans, of CNBC.
https://www.cnbc.com/2026/01/14/kelly-evans-the-deficit-is-down-big.html

Comments

  • Sven
    edited 5:01PM
    The CNBC title is a click bait. A long way to go when the deficit is $38 trillions. Annual interest alone is $984 billions.

    See link below for the real time debt:
    https://usdebtclock.org/

    US is now running with debt to GDP ratio of 124% ! Debt is accumulating faster than the revenue (i.e. tax) and that is unsustainable.
  • CrashCrash
    OK. Yes, it is dire, to say the least.
Sign In or Register to comment.