Identifying a U.S. Debt Crisis

Reported about 14 hours ago

The U.S. national debt has exceeded $36 trillion, raising concerns about reaching a crisis point. Experts, including Bipartisan Policy Center's Shai Akabas, warn that the debt now matches the size of the economy at 100% GDP, a historically high level. With a need for urgent action before a potential economic downturn, Akabas likens the situation to a frog in boiling water, urging for proactive measures to prevent severe consequences.

Source: YAHOO

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