budget deficit

1 articles
BenzingaBenzinga··Rishabh Mishra

Rand Paul Warns of $47.78T 'Insolvent' Treasury, Proposes Drastic 6% Spending Cuts

Senator Rand Paul warns U.S. Treasury is insolvent with $47.78T liabilities versus $6.06T assets, proposes 6% annual spending cuts. Markets decline amid fiscal concerns.
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