C --- CBO Agrees

(Christopher, “Why Yellen Doesn’t Lose Sleep Over US Borrowing That Alarms Most Americans,” pg online @ https://www.bloomberg.com/news/articles/2023-05-31/yellen-not-worried-about-us-24-trillion-debt-load-mccarthy-wants-to-limit //um-ef)

Wendy Edelberg, a former chief economist at the Congressional Budget Office, says better budgeting will be needed in the long run, because “you can’t have the federal government taking action over time that perpetually reduces the amount of savings in the economy and perpetually crowds out ever more private investment.”