The United States has been urged by Vitor Gaspar, the head of the IMF's fiscal department, to take immediate action in response to its escalating debt levels. Gaspar emphasized that the current pace of U.S. borrowing is unsustainable and cannot continue indefinitely.

He stressed the importance of leveraging the current economic conditions to implement necessary fiscal reforms. The debt burden in the world's largest economy has increased substantially, raising concerns about long-term financial stability.

Policymakers are urged to devise strategies that will mitigate the risks associated with rising national debt.