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The Nexus
POLITICSMay 25 · 11:00 UTCTHE ATLANTICJared Bernstein

I Now Believe Our National Debt Is a Problem

An economic adviser to President Biden acknowledges growing concerns over the U.S. national debt, which has reached 100% of GDP. The article highlights risks from higher deficits, rising interest rates, and a potential debt spiral, with a Stanford policy brief warning of escalating borrowing costs and fiscal challenges.

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Rogé KarmapersonPresident BidenpersonPresident TrumppersonStanford Institute of Economic Policy ResearchorganizationU.S. national debttopicGDPtopicinterest ratestopicinflationtopic
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