CNBC Special Report: America's Deficit Reckoning 7/7/25

This CNBC podcast, "America's Deficit Reckoning," hosted by Leslie Picker, explores the potential consequences of the growing U.S. budget deficit. Through interviews with economists, former government officials like Robert Rubin and Michael Mullen, and investors like Ray Dalio, the podcast examines the historical context of U.S. debt, potential market fallout, impact on the U.S. economy, and international relations. The discussion covers concerns about rising interest rates, inflation, the role of the U.S. dollar as a global reserve currency, and the potential for a fiscal crisis, as well as the impact on future generations and national security.