The U.S. budget deficit will widen over the next decade as interest costs consume an increasing share of spending, the CBO said in a forecast that highlighted the country’s long-run fiscal challenges https://t.co/QkYvNgkSCr ...

🇺🇸 INSIGHT: James Lavish says the U.S. Treasury is pushing for rate cuts because with so much government debt in short-term T-bills, every 25bp cut reduces annual interest costs by about $25 billion. https://t.co/hZSCTyFaR3 ...