Editor
A view shows the U.S. Capitol in Washington, U.S., May 9, 2024.
Kaylee Greenlee Beal | Reuters
Government debt that has swelled nearly 50% since the early days of the Covid pandemic is generating elevated levels of worry both on Wall Street and in Washington.
The federal IOU is now at $34.5 trillion, or about $11 trillion higher than where it stood in March 2020. As a portion of the total U.S. economy, it is now more than 120%.
Concern over…
