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Based on the CBO's projections of governments revenue and expenditure, if entitlement programs remain large and unfunded, the current fiscal policy of the federal government:
Based on the CBO's projections of governments revenue and expenditure, if entitlement programs remain large and unfunded, the current fiscal policy of the federal government:
is not sustainable.
will lead to a larger, but sustainable debttoGDP ratio.
will have to become more expansionary to remain sustainable.
will still keep the debttoGDP ratio relatively stable.
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