Latest / The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
How Labor Surges Are Rewiring Federal Borrowing
We explore the hidden link between yesterday's stronger-than-expected August payrolls report and today's mounting national debt. With the U.S. economy adding one hundred sixty-two thousand jobs and unemployment holding at four point one percent, the federal government is collecting more income tax revenue than anticipated. But does this temporary fiscal boost actually solve the structural problem of interest payments eating up twelve percent of federal revenue? Lucas and Luna dig into whether a hot labor market buys us time or just delays the inevitable reckoning on long-term…
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