Unless there is a productivity miracle or Congress reforms the tax system and brings entitlements under control—which Ferguson thinks highly unlikely—debt will grow very fast over coming decades according to CBO forecasts.
forecastpending
Speaker
Niall FergusonEvidence Quote
“if you look at the CBO forecasts out decades not just years it could get really very high very fast and unless there's some kind of productivity Miracle or unless Congress does what it hasn't done for a long time”
Created: 8/12/2026, 10:29:25 PM
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