Alarmed by reports that the US Deficit is approaching $1.0 trillion and the debt has exceeded $22.0 trillion? How significant is this and what are the future implications on taxes, interest rates and the economy? This analysis is approached from the perspective of a CFO/FP&A professional, identifying root causes, understanding the dynamics and future-outlook, and framing the magnitude of potential impact and required solutions.
Gain an understanding of the current debt and deficit
Understand the root causes of the current situation
Understand the significance and potential impact of this crisis
Understand the range of potential solutions and outcomes