they already exceeded the limit of the tanzi effect
The Congressional Budget Office in its forecasts always assume no recessions/problems ahead, but just steady growth.
As a result, they tend to repeatedly underestimate public debt levels.
How it started:
https://void.cat/d/HdsHTsV5VvWSttnQrntjFv.webp
How it's going:
they already exceeded the limit of the tanzi effect
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