U.S. Fiscal Practices Ring Alarm Bells for IMF, Risk Global Fallout
- IMF sounds alarm on unsustainable US fiscal practices and risks to global economy
- US economy projected to grow 2.7% in 2024, but remains overheated
- US fiscal stance out of line with long-term sustainability
- National debt has risen trillions in past year and projected to keep growing
- Interest costs among drivers of projected deficit growth
