National debt warning issued to US ...News

Russia Today - Economy
National debt warning issued to US
source : Russia Today ( News ) () 37
The International Monetary Fund (IMF) has criticized Washington for the persistent “misalignment” of its fiscal policy   US budget deficits and soaring debt present a “growing risk” to the global economy and have to be urgently addressed, the International Monetary Fund (IMF) warned on Thursday.  The US national debt is piling up, approaching $35 trillion, data shows. The US federal budget deficit jumped from $1.4 trillion in fiscal 2022 to $1.7 trillion last year, according to the IMF’s latest figures. The Congressional Budget Office, the official fiscal watchdog in the US, predicted earlier this month that the

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