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Emma Camp: Federal Fiscal Crisis Due to Short-Term Thinking
Manage episode 425444306 series 3548891
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The new projections from the Congressional Budget Office paints a sobering picture of our nation's financial health with the federal budget deficit expected to soar to nearly $2 trillion in 2024. This dramatic surge, driven largely by increased government spending in areas such as student loan forgiveness and Medicaid, underscores the complex challenges of balancing short-term needs with long-term fiscal stability. How can we find a balance between urgent situations and planning for the future? How are these numbers going to affect American citizens moving forward? Emma Camp from Reason joins the show.
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