Treasury Secretary Yellen: Debt Burden Sustainable at Current Levels Treasury Secretary Janet Yellen stated that the U.S. national debt, currently at $34.7 trillion, is manageable if it remains stable relative to the economy. Despite high interest rates increasing the burden, Yellen emphasized the importance of focusing on the real interest cost of the debt. With net interest costs reaching $601 billion in the 2024 fiscal year, concerns remain about rising debt levels. Yellen supports President Biden’s plans to address these challenges. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts How Productivity Gains Could Shape the Fed's Inflation Battle READ MORE U.S. Firms Embrace Currency Options as Election Hedge READ MORE Gold Price Tests $2,500 Levels READ MORE Stacking Gold Bars in BullionStar’s Vault READ MORE China Seeks to Avoid Trade War in Response to EU Car Tariffs READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment