US government solvency is backed by the power to tax and tap into the massive US economy.
Considering the US has one of the lower overall tax rates of developed economies, I’m not sure we’ve reached any sort of crisis level
Considering the US has one of the lower overall tax rates of developed economies, I’m not sure we’ve reached any sort of crisis level
I don't see a way out of this and I don't think current admin really cares. Loot every last drop they can for next two years to enrich themselves and leave America to burn with no money left for Social Security, bond payments, etc. The crowds with pitchforks won't have anyone to tar and feather as Trump will be too old/dead to face any justice and his rich billionaire family will expat to the billionaire utopia of choice. Along with Musk, Bezo's and Zuck.