Checks and Balance: Bill comes due Checks and Balance from The Economist
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- Politics
America's national debt now exceeds $34 trillion. The budget deficit–inflated by having to pay interest on all that debt–has averaged 9% of GDP over the past five years. Does that spending threaten America’s economy? And why do so few politicians seem to care?
Charlotte Howard hosts with Adam O’Neal and Idrees Kahloon. Doug Elmendorf, the Dean of the Harvard Kennedy School, and The Economist’s Simon Rabinovitch also contribute.
Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+
For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.
America's national debt now exceeds $34 trillion. The budget deficit–inflated by having to pay interest on all that debt–has averaged 9% of GDP over the past five years. Does that spending threaten America’s economy? And why do so few politicians seem to care?
Charlotte Howard hosts with Adam O’Neal and Idrees Kahloon. Doug Elmendorf, the Dean of the Harvard Kennedy School, and The Economist’s Simon Rabinovitch also contribute.
Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+
For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.