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  2. Deficit reduction in the United States - Wikipedia

    en.wikipedia.org/wiki/Deficit_reduction_in_the...

    The Bipartisan Policy Center sponsored a Debt Reduction Task Force, co-chaired by Pete V. Domenici and Alice M. Rivlin. This panel created a report called "Restoring America's Future," which was published in November 2010. The plan claimed to stabilize the debt to GDP ratio at 60%, with up to $6 trillion in debt reduction over the 2011–2020 ...

  3. United States debt ceiling - Wikipedia

    en.wikipedia.org/wiki/United_States_debt_ceiling

    Management of the United States public debt is an important part of the macroeconomics of the United States economy and finance system, and the debt ceiling is designed to be a constraint on the executive's ability to manage the U.S. economy. There is debate, however, on how the U.S. economy should be managed, and whether a debt ceiling is an ...

  4. National debt of the United States - Wikipedia

    en.wikipedia.org/wiki/National_debt_of_the...

    According to the OECD, general government gross debt (federal, state, and local) in the United States in the fourth quarter of 2015 was $22.5 trillion (125% of GDP); subtracting out $5.25 trillion for intragovernmental federal debt to count only federal "debt held by the public" gives 96% of GDP.

  5. Paying off debt in tough financial times - AOL

    www.aol.com/finance/paying-off-debt-tough...

    Debt relief companies such as National Debt Relief negotiate with creditors to reduce the balance of your debt, allowing you to make payments within your means and pay off your debt in a ...

  6. Closing the $688 billion tax gap won't help solve the US debt ...

    www.aol.com/finance/closing-688-billion-tax-gap...

    The federal government's share of spending compared to GDP has clocked in 20%-30% between 2015 and 2021. This is much higher than the tax collection-to-GDP ratio of 16.4% to 18.3% in that same period.

  7. Analysis-Rising US debt burden spooks some bond investors ...

    www.aol.com/news/analysis-rising-us-debt-burden...

    "After the prior administration increased the debt by a record $8 trillion and didn't sign a single law to reduce the deficit, President Biden has signed $1 trillion of deficit reduction into law ...

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