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Opinion: America is nearly out of fiscal space

Original: Opinion | A nation’s success depends on fiscal space. America is almost out.

A Washington Post opinion column argues that a country's success depends on having fiscal space — the budgetary room to respond to crises and invest — and warns that the United States has almost exhausted it. Rising deficits and debt costs are framed as limiting America's capacity to act.

Why now: Concerns over US deficits and debt are intensifying as government borrowing costs stay high.

United StatesThe Washington Post

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