The IMF Called on the U.S. to Reduce Spending. Washington Pushed Back.

US Treasury Adviser Pushes Back Against IMF Warning On Rising Federal Debt

David Zervos, recently appointed counselor to Treasury Secretary Scott Bessent, told CNBC that the IMF had repeatedly misjudged economic developments,

U.S. Treasury dismisses IMF debt warning and 'messy' forecasting

The exchange comes as U.S. debt exceeds $40 trillion and 10-year Treasury yields remain above 5%, intensifying scrutiny of the fiscal outlook.

The IMF Called on the U.S. to Reduce Spending. Washington Pushed Back.

"When we see pieces on the IMF, it's good to remember how messy their forecasts have been in the past," a counselor to Treasury Secretary Scott Bessent said.

Treasury Counselor Questions IMF's Forecast Record as U.S. Debt Tops $40T

Managing Director Kristalina Georgieva said growth alone would not put federal debt on a sustainable path. She was responding to Treasury Secretary Scott Bessent's August comment about growing out of a rising debt-to-…