US debt to surpass Italy and Greece, IMF warns
TL;DR Summary
The IMF forecasts that US debt will surpass Italy and Greece by 2030 due to Trump's tax cuts and increased spending, with US debt rising from 125% to 143% of income, driven by large budget deficits and borrowing, while Italy and Greece work to control their debt levels amidst economic challenges.
- US debt set to soar above Italy and Greece after Trump’s ‘big, beautiful bill’ The Guardian
- US government debt burden on track to overtake Italy’s, IMF figures show Financial Times
- US borrowing expected to rival Europe’s most indebted states, says IMF Euronews.com
- US debt crisis: America to surpass Italy and Greece for first time in 100 years - can Washington fix it be The Economic Times
- International Monetary Fund: US debt surpasses Italy and Greece for the first time this century المتداول العربي
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