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U.S. national debt surpasses $35 trillion: What can be done to stop the rise?
Aug 14, 2024
The U.S. government debt has skyrocketed to an unprecedented $35 trillion, up from $4.4 trillion 30 years ago, and continues to rise. In early August, concerns over a possible U.S. recession shook markets across the world. What's behind the ballooning U.S. national debt? Has Washington not been taking the issue seriously? And what does the rising U.S. debt mean for the world economy?
Guests in this edition of Dialogue are Anthony Chan, former chief economist for JPMorgan Chase;
Brandon Andrews, former Hill staffer and entrepreneur;
and Hong Hao, chief economist of GROW Investment Group.
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