THE VERIFIED BREAKDOWN

  • Treasury counselor David Zervos said the IMF should check its own forecasting record before criticizing U.S. fiscal policy.
  • Zervos said the IMF's forecasts have been "messy" in the past, while IMF Managing Director Kristalina Georgieva warned growth alone would not put U.S. debt on a sustainable course.
  • The article says government debt surpassed $40 trillion, and economists are divided on whether the U.S. could be pushed into a true fiscal crisis.