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CED POLICY WATCH

Why Should Americans Care About the National Debt?

July 16, 2026 12:00 PM - 01:00 PM ET

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The US national debt held by the public has just passed the milestone of 100% of GDP, with total debt exceeding $39 trillion. The Federal government is running a deficit of nearly 6% of GDP. Our unsustainable national debt poses significant risks as the debt crowds out private investment and puts pressure on interest rates, the US credit rating, and the status of the dollar as a global reserve currency.

Nevertheless, it can be challenging for citizens to see and to understand the impact of these astronomical figures and their high-level economic consequences in their everyday lives—until it is too late. Despite the dangers, the debt has not been an important issue for voters in recent elections. In the face of this threat, the business community must work to make the negative effects of the debt tangible and real, to show the urgency of the issue, and to promote a clear, honest national debate—and action by policymakers. Join us for an engaging conversation that will illustrate how the rising national debt affects Americans in different ways.

By attending, you will learn:

  • The negative consequences of our unsustainable national debt on the economy and businesses
  • Different scenarios for the debt in the years and decades ahead, including key deadlines for action
  • How the choices Congress and the President make on the Federal budget lead to different fiscal outlooks
  • How the national debt adversely impacts Americans from all generations and walks of life
  • What reforms policymakers can consider to reverse course on our rising national debt

Speakers

Tom McInerney

Tom McInerney

President and CEO
Genworth Financial, Inc.

Read Bio

Yelena Shulyatyeva, CFA

Yelena Shulyatyeva, CFA

Senior US Economist
The Conference Board

Read Bio

Luis Bourgeois

Luis Bourgeois

Researcher and Writer, Fiscal Policy
Committee for Economic Develop…

Read Bio

David K. Young

David K. Young (Moderator)

President
Committee for Economic Develop…

Read Bio

CED Policy Watch

Policy Watch explores relevant topics where business meets US domestic policy. Join experts at the Committee for Economic Development of The Conference Board and prominent policy makers as they dissect the impact of timely decisions from the nation's capital.

Register


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February 19, 2026 12:00 PM - 01:00 PM ET

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A Shifting Global Landscape: What Lies Ahead?

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Financial Services: What Next from the New Administration?

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February 20, 2025 12:00 PM - 01:00 PM ET

America in Perspective: The First 100 Days

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Economics of Child Care and Early Learning Investments

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CEO Roundtable: Policy Priorities for 2025

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Modernizing Health Programs for Fiscal Sustainability and Quality

November 20, 2024 12:00 PM - 01:00 PM ET

Strategic Investment in Infrastructure: Priorities for Implementation

October 17, 2024 12:00 PM - 01:00 PM ET

The Future of Regulatory Law

September 19, 2024 12:00 PM - 01:00 PM ET

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A Bipartisan Fiscal Commission to Tackle the National Debt

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