#deficit-reduction

#deficit-reduction

U.S. national debt exceeds $37 trillion; proposals like Simpson-Bowles combine spending caps and revenue measures to reduce deficits and curb inflationary pressures.

France's government proposed scrapping two public holidays to reduce its deficit and boost the economy.

The Los Gatos Town Council approved budget cuts to address a projected $3.7 million deficit while maintaining essential services like dog poop bags in parks.

Elon Musk's efforts to increase government efficiency have not translated into expected savings, focusing instead on politically charged issues.