Phillip Swagel, director of the Congressional Budget Office, warns that the U.S. faces a similar risk faced by the U.K. in 2022 if the government continues to ignore mounting debt concerns. According to the CBO, U.S. federal debt totaled $26.2 trillion at the end of 2023, about 97% of gross domestic product. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

#cryptocurrency #digitalfinance #finance #bitcoin #crypto #chart #economy #CBO #usdebt #gdp #coindesk
Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk...

Site: https://www.coindesk.com
Twitter:   / coindesk  
LinkedIn:   / coindesk  
Instagram:   / coindesk  
Facebook:   / coindesk  
Newsletters: https://www.coindesk.com/newsletters

CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkv...
Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8B...

CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.