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US Fiscal Dominance, the Coming Fiscal Inflection Point, and How Congress Can Fix the Debt Crisis (Before It’s Too Late)
Last week on Capitol Hill, we discussed a risk that is becoming more real every day that Congress delays fixing the debt: fiscal dominance—when rising federal debt pushes the Federal Reserve to prioritize financing government spending over controlling inflation.
Romina Boccia, Director of Budget and Entitlement Policy, CATO, February 23, 2026
https://www.cato.org/blog/us-fiscal-dominance-coming-fiscal-inflection-point-how-congress-can-fix-debt-crisis-its-too?utm_campaign=Cato_Today&utm_medium=email&utm_source=Cato_Email&utm_content=260225-Cato_Today
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