Tag: debt ceiling deficit spending federal debt national deficit debt-to-GDP ratio government spending taxation economic growth monetary policy fiscal policy

The US Literally Cannot Repay Its National Debt

The US Literally Cannot Repay Its National Debt

That statement is a simplification and can be misleading. While the U.S. national debt is indeed substantial, the ability to repay it is more complex than simply stating that it “cannot” be done. Here are some key factors to consider: While the U.S. national debt is a significant challenge, it’s important to avoid overly simplistic …

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