The U.S. national debt has surged past $37 trillion, raising alarms about its long-term impact on economic stability and generational equity. While some argue that low interest rates make high debt manageable, fiscal experts warn that relying on favorable conditions is a risky bet. Eroding public investment, budget gimmicks, and declining trust in economic data all compound the challenge. Dr. Carolyn Bourdeaux, Executive Director of the Concord Coalition, is here to explain what’s at stake and what can be done.
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The Federal Drive with Terry Gerton