The CRFB’s warning landed at a moment of particular volatility. Long-term Treasury yields remain elevated—over 4% on ten-year notes and approaching 5% on 30-year bonds—while inflation lingers above the Federal Reserve’s 2% target. Congress is simultaneously debating sweeping tax and spending changes that the CRFB and other fiscal watchdogs warn could add further trillions to the debt.
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在武汉一所大学的集体寝室里，学生小洛与十一位室友共同生活。图为局促的书桌区域。（信息提供者｜配图）
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