Former Treasury Sec. Lew Says Growth of U.S. Debt Is Troubling

The video discusses the growing concerns over the U.S. debt and deficit, particularly during a period of strong economic growth. It highlights the potential negative impacts on trade balances and interest rates, and the lack of political will to address fiscal responsibility. The discussion also touches on the political challenges in forming a coalition to tackle these issues, given the differing approaches of fiscal conservatives and progressives.

What are the potential consequences of a growing national debt as discussed in the text?

How does the text describe the relationship between economic growth and the deficit?

What concerns are raised regarding borrowing requirements and their impact on trade deficits?

What is mentioned about fiscal responsibility in the context of recent tax cuts?

Discuss the challenges of forming a coalition for fiscal responsibility as highlighted in the text.