Financial Times FT.com

Debt takes centre-stage in battle to forge policy

By Krishna Guha in Washington and Michael MacKenzie in New York

Published: October 25 2009 20:12 | Last updated: October 25 2009 20:12

The bond market usually starts to worry about unsustainable government finances long before politicians and policymakers do. Not this time.

Deficits and the debt have moved to the centre-stage of the US political debate, shaping the fight over healthcare reform and constraining further initiatives to support growth.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this