As printed
“Federal debt is already raising the cost of living and choking out other spending and investment, threatening our economy and Americans’ long-term prosperity.”
On the record · Updated October 1, 2026
president and CEO of the Bipartisan Policy Center
2 things Margaret Spellings said, verbatim, on August 20, 2026, each linked to where it ran. Grouped by the story each one belongs to.
More on the record
As printed
“Federal debt is already raising the cost of living and choking out other spending and investment, threatening our economy and Americans’ long-term prosperity.”
As printed
“Our current fiscal trajectory is plainly unsustainable, and that’s the best-case scenario. AI disruption, a recession, global war, or any number of other events could quickly push us over the edge from a challenge into a full-blown crisis”
on debt trajectory risks compounded by potential AI disruption, recession or war
Associated Press US national debt hits a record $40 trillion ›
People, on the record
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