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Elon Musk: If we cut $4 billion in spending every day, there will be no inflation in the United States by 2026

2025-01-31 04:23

Odaily Planet Daily News: Musk stated in an article on X platform that in order to reduce the federal deficit from $2 trillion to $1 trillion for the 2026 fiscal year, it is necessary to cut the estimated 2026 spending by an average of about $4 billion per day between now and September 30th. Although this will still result in a deficit of approximately $1 trillion, economic growth should be able to match this number, which means there will be no inflation in 2026.

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