Topic - Shai Akabas

Mr. Akabas stressed that the debt service is already starting to crowd out government spending on basic needs such as infrastructure and education.

Donald Trump's promises on growth, inflation complicated by rising price of paying national debt →

When it could turn into a more dire situation, is anyone’s guess, says Shai Akabas, director of economic policy at the Bipartisan Policy Center, “but if and when that happens, it could mean very significant consequences that occur very quickly.”

National debt hits record $34 trillion as Congress gears up for funding fight →