International Money Fund Warns on U.S. Debt 'Something Will Have to Give'


by tennesseestar.com

tennesseestar.com— The International Monetary Fund warned the United States that government spending and increasing national debt are not sustainable and could hurt the global economy. The Washington, D.C.-based group that represents 190 member countries also called the U.S. economy "overheated." The debt warning follows several other high-profile calls to address growing U.S. debt.

CNBC—The Fed would only cut rates to help the U.S. service its soaring debt, fund manager says. The reason the Fed may be tempted to cut rates would be to help the U.S. cover interest payments on the national debt, according to fund manager Freddie Lait.

The Federalist—5 Takeaways From Peter Daszak’s Testimony On U.S.-Funded Coronavirus Research. Here are the five biggest takeaways from Peter Daszak's testimony about EcoHealth Alliance's funding of gain-of-function research in Wuhan, China.

WTRF—U.S. Senators call for investigation into U.S. Steel’s sale to Japanese company. WEIRTON, W.Va. (WTRF) -- In December, the Pittsburgh-based steel company U.S. Steel agreed to sell the company to Japan’s largest steel manufacturer, Nippon Steel. Now, two U.S. Senators are calling on President Biden to look deeper into this sale and the effects it could have on the country. Just months after U.S. Steel agreed to []