We're Very Concerned About Debt and Deficits, Says Pimco's Crescenzi

The video discusses the implications of low yields on fiscal policy, highlighting how it benefits government officials by reducing interest payments. It outlines the legislative agenda for Congress in September, emphasizing the need to pass bills to avoid a challenging end of the year. Expert insights are provided on the concerns surrounding national debt and deficit, and how these issues may affect economic growth. The video concludes with a discussion on the importance of government investment in infrastructure to boost productivity and improve living standards.

What are the implications of low interest rates for senators and congressmen?

What is Nancy looking for in September regarding the momentum of appropriators?

What concerns are raised about the potential revamping of NAFTA?

How do debts and deficits affect private sector investments according to the discussion?

What transformative projects are mentioned that could improve the standard of living?