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High interest rates could balloon the national debt

High interest rates could balloon the national debt

Marketplace vor 1 Monat

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25:03

What happens to government debt, the budget deficit, and the
overall economy if interest rates stay elevated? For a new
report, the Congressional Budget Office crunched the numbers. By
2056, public debt would grow to an eye-popping 222% of GDP. Plus:
Trump administration cuts decimated soil conservation programs, a
new report highlights the impact of private equity investments on
climate risk, and an uneventful Trump-Xi summit ends with a
promise of more talks to come.

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Read the stories in today’s episode:

TTYL? Trump-Xi talks end without much to show

What happens to the deficit and the national debt if interest
rates stay high?

U.S. farmers lost conservation experts in Trump’s federal
cuts. Now they’re hurting for help

Private equity gets a grade on climate risks