Jamie Dimon on the deficit: We can fix it but we need line-by-line budgeting

Fiscal Deficit & Debt - The US deficit is at $2 trillion [1] - The national debt is projected to increase from $30 trillion to $50 trillion in 10 years [1] - Current deficits of 6.5% to 7% are unsustainable [2] Fiscal Policy & Solutions - Tariffs will partially offset the deficit [1] - Tax breaks should be re-evaluated and potentially eliminated [3] - Multi-year budgeting could improve fiscal management [3] - Increased tax collection is a potential solution [3] - Congress needs to actively engage in responsible fiscal policy, including line-by-line budgeting [3]