Dossier
increased spending
Coverage of increased spending in the Nexus archive.
- Japan’s fiscal expansion puts the BoJ in a difficult spot
Japan's fiscal expansion, including plans to cut taxes and increase spending, is creating challenges for the Bank of Japan. The government's policies risk further depreciation of the yen without faster interest rate hikes.
- A bipartisan summit is the best way to address debt, make Social Security solvent
The federal budget deficit is projected to reach 120 percent of GDP by 2036 and 175 percent by 2046 due to tax cuts and increased spending. A bipartisan summit is proposed to address the debt and ensure Social Security's solvency through tax increases and benefit reductions.