US Debt: Can It Reach 250% of GDP?

Could US Debt Soar to 250% of GDP? A new Federal Reserve study says it's possible, but only with major fiscal changes. Otherwise, rising debt could trigger higher interest rates and economic turmoil. Is Washington ready to act, or will they wait and risk a debt crisis? Find out how this debate could impact your taxes, government benefits, and borrowing costs. Hosted on Acast. See acast.com/privacy for more information.