WASHINGTON_NP0 —_PUN Federal_AJ0 Reserve_NN1 Chairman_NN1 Jerome_NP0 Powell_NP0 said_VVD that_CJT the_AT0 federal_AJ0 government_NN1 can_VM0 manage_VVI its_DPS debt_NN1 at_PRP current_AJ0 levels_NN2 but_CJC fiscal-policy_NN1 makers_NN2 should_VM0 seek_VVI to_TO0 slow_VVI its_DPS growth_NN1 once_CJS the_AT0 economy_NN1 is_VBZ stronger_AJC ._SENT "_PUQ Given_VVN the_AT0 low_AJ0 level_NN1 of_PRF interest_NN1 rates_NN2 ,_PUN there_EX0 's_VBZ no_AT0 issue_NN1 about_PRP the_AT0 United_NP0 States_NP0 being_VBG able_AJ0 to_TO0 service_VVI its_DPS debt_NN1 at_PRP this_DT0 time_NN1 or_CJC in_PRP the_AT0 foreseeable_AJ0 future_NN1 ,_PUN "_PUQ Mr._NP0 Powell_NP0 said_VVD Thursday_NP0 in_PRP an_AT0 interview_NN1 with_PRP National_AJ0 Public_AJ0 Radio_NN1 ._SENT Congress_NN1 and_CJC the_AT0 White_AJ0 House_NN1 have_VHB provided_VVN trillions_CRD of_PRF dollars_NN2 of_PRF federal_AJ0 financial_AJ0 assistance_NN1 since_PRP the_AT0 Covid-19_NP0 pandemic_AJ0 hit_VVD the_AT0 U.S._NP0 economy_NN1 early_AJ0 last_ORD year_NN1 ,_PUN triggering_VVG a_AT0 deep_AJ0 recession_NN1 and_CJC uneven_AJ0 recovery_NN1 ._SENT The_AT0 resulting_AJ0 government_NN1 budget_NN1 deficits_NN2 are_VBB expected_VVN to_TO0 push_VVI the_AT0 federal_AJ0 debt_NN1 to_PRP 102.3_CRD %_NN0 of_PRF gross_AJ0 domestic_AJ0 product_NN1 by_PRP the_AT0 end_NN1 of_PRF the_AT0 current_AJ0 fiscal_AJ0 year_NN1 ,_PUN up_AVP from_PRP 79.2_CRD %_NN0 at_PRP the_AT0 end_NN1 of_PRF 2019_CRD ,_PUN according_VVG to_PRP the_AT0 Congressional_AJ0 Budget_NN1 Office_NN1 ._SENT The_AT0 CBO_NN1 forecasts_VVZ the_AT0 debt_NN1 will_VM0 grow_VVI to_PRP 107_CRD %_NN0 of_PRF GDP_NN1 by_PRP 2031._CRD While_CJS a_AT0 series_NN0 of_PRF Covid-19_CRD relief_NN1 packages_NN2 were_VBD passed_VVN in_PRP 2020_CRD with_PRP strongly_AV0 bipartisan_AJ0 support_NN1 ,_PUN GOP_NN1 lawmakers_NN2 have_VHB criticized_VVN President_NP0 Biden_NP0 's_POS $_NN0 1.9_CRD trillion_CRD assistance_NN1 package_NN1 ,_PUN saying_VVG its_DPS measures_NN2 are_VBB less_AV0 targeted_VVN than_CJS previous_AJ0 bills_NN2 and_CJC that_CJT the_AT0 economy_NN1 is_VBZ already_AV0 recovering_VVG ._SENT "_PUQ You_PNP ca_VM0 n't_XX0 go_VVI just_AV0 spend_VVB money_NN1 ,_PUN spend_VVB money_NN1 ,_PUN spend_VVB money_NN1 ,_PUN "_PUQ Sen._NP0 Rick_NP0 Scott_NP0 (_PUL R_ZZ0 ._SENT ,_PUN Fla._NP0 )_PUR said_VVD Tuesday_NP0 on_PRP Fox_NP0 Business_NN1 ._SENT "_PUQ About_PRP one_CRD out_AVP of_PRF every_AT0 seven_CRD dollars_NN2 we_PNP collect_VVB this_DT0 year_NN1 ,_PUN it_PNP 's_VBZ going_VVG out_AVP in_PRP interest_NN1 expense_NN1 ._SENT I_PNP mean_VVB ,_PUN Inflation_NN1 is_VBZ going_VVG up_AVP ,_PUN and_CJC it_PNP 's_VBZ caused_VVN by_PRP a_AT0 federal_AJ0 government_NN1 and_CJC a_AT0 Federal_AJ0 Reserve_NN1 that_CJT does_VDZ n't_XX0 understand_VVI how_AVQ reality_NN1 works_VVZ ._SENT "_PUQ In_PRP the_AT0 interview_NN1 Thursday_NP0 ,_PUN Mr._NP0 Powell_NP0 praised_VVD Congress_NN1 for_PRP acting_VVG swiftly_AV0 to_TO0 mitigate_VVI the_AT0 pandemic_AJ0 's_POS effects_NN2 on_PRP American_AJ0 companies_NN2 and_CJC workers_NN2 ._SENT He_PNP reiterated_VVD that_CJT the_AT0 Fed_VVN is_VBZ strongly_AV0 committed_VVN to_PRP achieving_VVG inflation_NN1 that_CJT averages_VVZ 2_CRD %_NN0 over_PRP time_NN1 ,_PUN a_AT0 level_NN1 that_CJT it_PNP has_VHZ fallen_VVN short_AJ0 of_PRF over_PRP the_AT0 past_AJ0 decade_NN1 ._SENT "_PUQ There_EX0 will_VM0 come_VVI a_AT0 time_NN1 —_PUN and_CJC that_DT0 time_NN1 will_VM0 be_VBI when_CJS the_AT0 economy_NN1 is_VBZ back_AVP to_PRP full_AJ0 employment_NN1 ,_PUN and_CJC taxes_NN2 are_VBB rolling_VVG in_PRP ,_PUN and_CJC we_PNP 're_VBB in_PRP a_AT0 strong_AJ0 economy_NN1 again_AV0 —_PUN when_CJS it_PNP will_VM0 be_VBI appropriate_AJ0 to_TO0 return_VVI to_PRP the_AT0 issue_NN1 of_PRF getting_VVG back_AVP on_PRP a_AT0 sustainable_AJ0 fiscal_AJ0 path_NN1 ,_PUN "_PUQ Mr._NP0 Powell_NP0 said_VVD ._SENT "_PUQ But_CJC that_DT0 time_NN1 is_VBZ not_XX0 now_AV0 ._SENT "_PUQ Low_AJ0 interest_NN1 rates_NN2 —_PUN the_AT0 product_NN1 of_PRF tame_AJ0 inflation_NN1 and_CJC sluggish_AJ0 economic_AJ0 growth_NN1 —_PUN have_VHB made_VVN the_AT0 burgeoning_AJ0 size_NN1 of_PRF the_AT0 federal_AJ0 debt_NN1 more_AV0 manageable_AJ0 ,_PUN policy_NN1 makers_NN2 say_VVB ._SENT 
