This Obama Economist Just Called Out a Math Problem That Could Derail Trump's Debt Promise—And the Clock Is Ticking

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Former Obama economic advisor Jason Furman just dropped a reality check that should have every investor paying attention to Washington’s fiscal math. In a pointed social media post, the Harvard economist highlighted a glaring problem with the Trump administration’s promise to lower the debt-to-GDP ratio by at least 3 percentage points in fiscal year 2025.

The problem? There are only three months left in fiscal year 2025, which ends Sept. 30.