Treasury Secretary Janet Yellen recently stated that the U.S. debt load is in a “reasonable place” as long as it remains at its current level. Despite concerns about the overall size of the national debt, Yellen emphasized that with the recent measures and ongoing economic growth, the debt remains manageable relative to the economy’s size (GoldSeek) (U.S. Department of the TreasuTreasur
Source:- India today
Yellen pointed out that the U.S. economy has demonstrated robust recovery and growth, with significant job creation and low unemployment rates. She argued that fiscal policies, including deficit reduction efforts and strategic investments in infrastructure and technology, are helping to stabilize the debt situation (Kitco) (U.S. Department of the Treasury).
Source:- BBC news
Moreover, Yellen reassured that maintaining fiscal discipline, as outlined in recent budget proposals, will further strengthen the nation’s fiscal health. She remains optimistic that the U.S. can continue to manage its debt effectively if economic growth persists and if prudent fiscal measures are maintained
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