The U.S. debt outlook is so dire it now resembles the student loan crisis, former White House economic adviser says

• Jared Bernstein, who previously served as the chair of President Joe Biden’s Council of Economic Advisers, has had a change of heart when it comes to U.S. debt. After being a longtime dove, he has become a hawk “because our nation’s budget math just got a lot more dangerous.” He cited President Donald Trump’s tariffs and tax cuts.

The U.S. is inviting a debt shock if it continues on its current trajectory, which is starting to look like unsustainable student loans, according to Jared Bernstein...