Latest / The National Debt Podcast with Fexingo: Treasury, Borrowing, and Long-Term Fiscal Outlook
Why The Debt Ceiling Isn't The Real Problem
The U.S. federal debt has crossed thirty-nine trillion dollars, but the political theater of the debt ceiling is masking a deeper structural issue: the cost of servicing that debt itself. With interest payments consuming a growing share of the budget and wholesale prices jumping six point three percent annually in September, we are entering an era where fiscal policy is dictated by bond markets rather than legislative whims. Lucas and Luna break down why the traditional 'debt wall' narrative is outdated, and how rising interest rates are quietly reshaping everything from your…
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