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High interest rates could balloon the national debt
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Show notes
What happens to government debt, the budget deficit, and the overall economy if interest rates stay elevated? For a new report, the Congressional Budget Office crunched the numbers. By 2056, public debt would grow to an eye-popping 222% of GDP. Plus: Trump administration cuts decimated soil conservation programs, a new report highlights the impact of private equity investments on climate risk, and an uneventful Trump-Xi summit ends with a promise of more talks to come.
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Read the stories in today’s episode:
TTYL? Trump-Xi talks end without much to show
What happens to the deficit and the national debt if interest rates stay high?
U.S. farmers lost conservation experts in Trump’s federal cuts. Now they’re hurting for help
Private equity gets a grade on climate risks
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