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Kent Smetters Calls Trump and Bessent’s $40 Trillion Debt Plan a 'Fantastic Story' But Says it is ‘Pretty
Kent Smetters calls Trump’s plan to grow out of $40 trillion in U.S. debt a “fantastic story” but “pretty clearly” not feasible.
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scmp.com
America’s US$40 trillion debt gamble is getting harder to ignore: economists
Analysts warn that high spending, rising interest costs and tax cuts could impede Washington’s efforts to ‘grow our way out of’ record-high national debt.
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fortune.com
Trump now plans to grow his way out of $40 trillion debt crisis—it's a 'fantastic story' but virtually impossible, says top budget…
"If you tell the debt markets: 'Hey, we think we're gonna be able to grow our way out of this,' and then a year later they're not seeing any improvements from that, then it's a…
