IMF warns US must tackle its yawning deficit
Fund’s forecasts suggest the country’s debt-to-GDP ratio will be at a record high by the end of the decade
Fund’s forecasts suggest the country’s debt-to-GDP ratio will be at a record high by the end of the decade

Washington to become more indebted than European nations known for fragile public finances for first time this century

Projection clashes with IMF estimates that rule out US making progress in lowering deficit

Fund says tighter regulation of financing activity outside of traditional lending sector needed

Rising public debt is one concern — another is how it is being financed

Poor and middle-income countries are spending money on interest payments that could go towards essential public goods

Aggregate numbers — public or private — are not what should keep you up at night