The Fiscal Forecast: National Debt Dilemmas

This chapter examines the escalating national debt of the U.S. government, emphasizing the urgent need for sustainable fiscal policies amid rising economic instability. It investigates historical contexts, recent governmental spending behaviors, and theorized solutions to prevent financial crises reminiscent of past economic downturns. Through discussions on public sentiment and international implications, the chapter highlights the precarious balance between government obligations and economic health.