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RE: LeoThread 2025-03-16 10:05

in LeoFinance4 days ago

Part 5/10:

The United States is currently facing an economic slow-down that could lead to increased budget pressures. In a sluggish economy, more people qualify for governmental benefits, leading to higher expenditures, while tax receipts tend to decline. Although there might be a potential silver lining in that this slowdown could motivate the Federal Reserve to lower interest rates—including lower debt servicing costs—the benefits are limited and cannot offset the broader fiscal crisis.

The IRS and Tax Revenue Collection