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Fiscal policy makers, not the Federal Reserve, ultimately bear responsibility for addressing the fiscal challenge created by widening deficits and rising interest payments.

normativepending

Speaker

Philip Swagel

Evidence Quote

“what it means for the fiscal situation in some ways is is a challenge for fiscal policy makers I don't expect um you know I expect fiscal policy makers to have to address that fiscal challenge”

Source

CBO Director: What Happens When Debt Hits 122% Of GDP | Phillip Swagel— David Lin
Created: 8/12/2026, 6:26:40 PM

My Notes

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