Scott Bessent’s growth plans aren’t enough to tame surging deficit and debt pile, IMF chief says
Summary
The head of the International Monetary Fund stated that proposed economic growth strategies will not reduce the expanding United States deficit quickly enough. She emphasized that fiscal consolidation is necessary to address the growing national debt burden.
IMF chief Kristalina Georgieva said Bessent’s reliance on growth won’t cut the U.S. deficit and $40 trillion debt fast enough, calling for fiscal consolidation.
Source: Read the full story at US Top News and Analysis
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