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Reuters

Reuters

Analysis-US fiscal strain looms as key challenge for newly elected Trump

Reuters
Summary
Nutrition label

80% Informative

The prospect of rising government debt levels as Trump 's odds improved in recent weeks helped send U.S. government bond yields higher.

A key hurdle for the new administration will likely be the reinstatement of the federal debt ceiling on Jan. 2 .

Debt limit disputes in the past have pushed the country to the brink of default and dented its credit rating.

The U.S. debt held by the public could nearly double over the next decade from $26 trillion at the end of last year .

The extension of the 2017 tax cuts would add around $4.5 trillion to those projections, the CBO has estimated.

PIMCO remains cautious on long-term bonds because of the risk of widening deficits and inflationary trade policies.

VR Score

91

Informative language

97

Neutral language

64

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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