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Congressional Budget Chief downplays Panic over $39 Trillion US Debt even as Jerome Powell warns Path is Unsustainable

The director of the Congressional Budget Office is bucking the prevailing pessimism on America’s fiscal trajectory, but he is not dismissing the urgency. Dr. Phillip Swagel, who leads the nonpartisan agency that provides independent budgetary analysis to Congress, told Fortune in an exclusive interview that his optimism is rooted in experience, not denial. [...]