Financial analyst Gary Black, the managing partner at the Future Fund LLC, has issued a bold take on the U.S. fiscal health, likening the nation's debt to corporate debt levels and calling it “fairly low.”
What Happened: In a post on X, Black argued that the U.S. debt-to-GDP ratio of 125%, following a $3.3 trillion increase from a recent tax and spending bill, namely the One Big Beautiful Bill Act, remains “fairly low” compared to Japan's 240%.
