Antonio Fatás

Antonio Fatás, an economist from INSEAD, and Ugo Panizza, a public finance expert at the Graduate Institute, delve into the pressing issue of U.S. debt sustainability. They discuss the staggering current debt levels and rising interest costs, warning of the implications of recent policies like the One Big Beautiful Bill Act. As they analyze the potential effects of inflation and the challenges of raising revenues through tax increases, they emphasize the urgent need for timely action to prevent future fiscal crises.