The Trump administration is seeking ways to address the U.S. national debt, which has surpassed $40 trillion and now requires roughly $2 trillion a year in interest payments, Fortune reports.
President Trump and economists have discussed several potential approaches, including tariff and visa revenue, stronger economic growth and higher inflation. The U.S. debt-to-GDP ratio is now above 120%, raising concerns about borrowing costs and the government’s long-term fiscal position.
Trump has emphasized economic growth as a way to reduce the debt burden, but he also recently said that “certain levels of inflation” could help pay down the debt more rapidly. Higher inflation can reduce the real value of existing government debt…