{
  "id": 3825558,
  "title": "The US fiscal hole has an AI problem at its core",
  "url": "https://urgent.news/2026/08/27/the-us-fiscal-hole-has-an-ai-problem-at-its-core-3825558",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-27T05:12:12.000Z",
  "source": {
    "name": "The Jakarta Post Academia",
    "slug": "the-jakarta-post-academia",
    "url": "https://www.thejakartapost.com/opinion/2026/08/27/the-us-fiscal-hole-has-an-ai-problem-at-its-core.html"
  },
  "original_language": "en",
  "account": "The United States faces a multi-trillion-dollar fiscal challenge, with Treasury Secretary Scott Bessent attempting to address it through small bond buybacks and promises of future savings. However, the structural drivers of the deficit, such as mandatory social spending, declining corporate-tax revenues, and increased defense spending, remain largely unaddressed. The AI investment boom is exacerbating the situation, as companies rush to capitalize on the technology's potential, leading to increased capital expenditures and tax deductions. This, in turn, is reducing corporate-tax revenues and creating an additional burden on the fiscal deficit. The Congressional Budget Office forecasts that debt held by the public will nearly double over the next decade, reaching $56 trillion by 2036. With the Federal Reserve aiming to shrink its bond holdings and political resistance to spending cuts or tax increases, it remains unclear whether the US can effectively manage its fiscal trajectory.",
  "summary": "Washington has a multitrillion-dollar fiscal problem. United States Treasury Secretary Scott Bessent's answer, so far, is to look for loose change down the back of the sofa.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Jakarta Post",
        "title": "The US fiscal hole has an AI problem at its core",
        "url": "https://urgent.news/2026/08/27/the-us-fiscal-hole-has-an-ai-problem-at-its-core",
        "published": "2026-08-27T05:12:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}