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  • Tax hikes are not the only thing that makes fiscal consolidation work

    Tax hikes are not the only thing that makes fiscal consolidation work

    October 25, 2023 | 07:27am

    Interest rates are predicted to go down as inflation goes down, but the Congressional Budget Office (CBO) says that the government's interest costs will almost double over the next ten years, reaching 3.6% of GDP in 2033.
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