IMF warns US deficit may stay at 7-8% of GDP, debt seen hitting 140% by 2031 IMF warns US deficit may stay at 7-8% of GDP, debt seen hitting 140% by 2031
THURSDAY, FEBRUARY 26, 2026
The IMF is urging the United States to curb a rising fiscal deficit it expects to stay at 7-8% of GDP in coming years—more than double Treasury Secretary Scott Bessent’s target—warning public debt could reach 140% of GDP by 2031, Reuters reports.