Macro Finance
'Something Has To Give' On US Fiscal Policy: Patterson
Bloomberg Markets·August 21, 2026·1 min read
Rebecca Patterson, senior fellow at the Council on Foreign Relations and former Bridgewater chief investment strategist, said on Bloomberg Money that 'something has to give' on US fiscal policy. Total US public debt surpassed $40 trillion for the first time, surging by a third in less than five years, as lawmakers ignore calls to address historically wide fiscal deficits.
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