This is a US news story, published by MSN, that relates primarily to The International Monetary Fund news.
For more US news, you can click here:
more US newsFor more Us federal policies news, you can click here:
more Us federal policies newsFor more news from MSN, you can click here:
more news from MSNOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best politics news, business news, entertainment news, and much more. If you like this article about Us federal policies, you might also like this article about
national debt. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest chronic fiscal deficits news, US debt news, news about Us federal policies, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
government debtCNN
•78% Informative
Global governments owe an unprecedented $91 trillion , an amount almost equal to the size of the global economy.
The International Monetary Fund last week reiterated its warning that “chronic fiscal deficits” in the US must be “urgently addressed” In the United States , the federal government will spend $892 billion in the current fiscal year on interest payments.
Tackling America ’s debt problem will require either tax hikes or cuts to benefits.
In Germany , infighting over debt limits has put the country's three -way governing coalition under enormous strain.
In Kenya , blowback over attempts to address the country’s $80 billion debt burden has been much worse.
The problem with putting off efforts to rein in debt is that it leaves governments vulnerable to more painful disciplining by financial markets.
VR Score
81
Informative language
79
Neutral language
57
Article tone
semi-formal
Language
English
Language complexity
50
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
12
Source diversity
5
Affiliate links
no affiliate links