U.S. Fiscal Policy and Global Military Expenditures: The Consequences of Spending in a Post-Pandemic World

The United States faces significant economic and fiscal challenges in 2024. Central to this predicament is a marked increase in the national deficit, a consequence of rising government spending and a host of external geopolitical commitments. The Congressional Budget Office (CBO) estimates indicate a deficit uptick of 11% from the $1.7 trillion recorded during fiscal … Leggi tutto U.S. Fiscal Policy and Global Military Expenditures: The Consequences of Spending in a Post-Pandemic World