Reported about 1 year ago
During President Biden's term, the US federal deficit has been increasing, leading to concerns about its impact on the economy and the administration's economic policies. Yahoo Finance discusses the rising national debt under Biden's leadership, which could become a significant issue in the upcoming presidential race against potential candidates Biden and former President Trump. The article highlights the challenges of managing the national debt, with insights into potential solutions involving tax increases and benefit cuts that politicians may need to address in the future.
Source: YAHOO