Business & Finance
'Something Has To Give' On US Fiscal Policy: Patterson
Key Points
Rebecca Patterson, senior fellow at the Council on Foreign Relations and former chief investment strategist at Bridgewater Associates, joins Scarlet Fu and Tom Keene on "Bloomberg Money." Total US public debt surpassed $40 trillion for the first time, and has now surged by a third in less than five years, as US lawmakers continue to shrug off calls to contend with historically wide fiscal deficits.
Rebecca Patterson, senior fellow at the Council on Foreign Relations and former chief investment strategist at Bridgewater Associates, joins Scarlet Fu and Tom Keene on "Bloomberg Money." Total US public debt surpassed $40 trillion for the first time, and has now surged by a third in less than five years, as US lawmakers continue to shrug off calls to contend with historically wide fiscal deficits. (Source: Bloomberg)