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Global Perspectives: Maya MacGuineas on Stabilizing the Federal Debt

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  • Mark A. Wynne

Abstract

A good measure of a nation’s ability to repay its obligations is the ratio of the stock of indebtedness to the flow of output produced in a given year. In recent years, this ratio has increased for the U.S. government, raising new questions about how the nation manages a debt burden that is approaching an all-time high.

Suggested Citation

  • Mark A. Wynne, 2019. "Global Perspectives: Maya MacGuineas on Stabilizing the Federal Debt," Dallas Fed Economics 89355, Federal Reserve Bank of Dallas.
    • Handle: RePEc:fip:d00001:89355
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    File URL: https://www.dallasfed.org/research/economics/2019/0207
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