The Deficit Mirage: $2 Trillion a Year Without a Crisis The Congressional Budget Office (CBO) dropped its latest fiscal outlook, and if you think this country is on solid financial footing, think again. The U.S. is projected to run annual budget deficits near $2 trillion for the foreseeable future. These deficits amount to 6% of GDP, despite there being no war, no recession, no pandemic—just business as usual. The so-called economic boom driven by tax cuts and tariffs is a mirage. It masks the long-term collapse of fiscal discipline. When deficits remain this high during peacetime, the question isn’t if the system breaks—it’s when. And when it does, the state won’t admit failure—it will tighten its grip. 120% Debt-to-GDP: Worse…
Continue reading as a Citizen
Dedollarize News is free to read for signed-up members. Become a Citizen to finish this article, save what matters, and get the daily “While You Were Distracted” briefing.
No credit card required.
