Will federal government spending be slashed in 2025? By Investing.com
[ad_1] Investing.com — The U.S. federal authorities’s $6.8 trillion spending in fiscal 2024 is unlikely to see vital cuts subsequent yr, regardless of requires restraint, as structural and political obstacles stay, analysts say. Obligatory spending, which incorporates applications like Social Safety and Medicare, accounted for $4.1 trillion in 2024. Economists at Wells Fargo (NYSE:) stated decreasing…
