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CBO chief warns it’s ‘probably not plausible’ that a strong economy alone can steady U.S. debt as 5%–6% growth is needed—more than Bessent’s 3% view

CBO chief warns it’s ‘probably not plausible’ that a strong economy alone can steady U.S. debt as 5%–6% growth is needed—more than Bessent’s 3% view

The chief of the Congressional Budget Office has warned that it is unlikely that a strong economy alone can stabilize U.S. debt, stating that growth of 5% to 6% is needed, which is higher than the 3% growth projected by economist David Bessent.

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