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

Congress Spending

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.

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