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6 items before 1158999 (Keyword: "unsustainable-debt" (~6 currently found))

THENATIONALPULSE (Pulse Wires) - U.S. National Debt Reaches Record $40 Trillion.

The U.S. national debt has reached $40 trillion, raising concerns over long-term economic stability as interest payments outpace defense spending.

The U.S. national debt has reached $40 trillion, raising concerns over long-term economic stability as interest payments outpace defense spending. PULSE POINTS WHAT HAPPENED: The U.S. national debt has reached a historic milestone of $40 trillion, with the federal government on track to borrow over $2 trillion this year alone. Interest payments on the debt have now surpassed defense spending, highlighting the growing financial strain the debt is causing. DETAIL: The debt has remained above 100 percent of GDP since the COVID-19 pandemic, raising concerns about the nation’s fiscal sustainability. Rising interest rates and increasing debt levels have contributed to soaring interest payments. Treasury Secretary Scott Bessent has set a…Open

DAILYCALLER (Jack McGeever) - Big Tech Throws Wrench Into Uncle Sam’s Plans To Fund Debt Deluge

The global bond selloff has pushed the yield on the 30-year U.S. Treasury bond to its highest level since 2007, while the 10-year Treasury yield has climbed to a 19-month high, increasing the government’s borrowing costs and potentially making everything from mortgages to business loans more expensive for Americans.

JUSTTHENEWS (Nicholas Ballasy) - Debt will balloon to 123% of entire US economy by 2036 without action from Congress: GAO

"Over the long term, it is unsustainable for debt to grow faster than the economy grows," the GAO report says. The public debt is projected to "grow more than twice as fast as the economy over the next 10 years, reaching 123% of the size of the economy in 2036."

AMERICANTHINKER - The Debt Party Nears its End

RawPixel.com Are we already witnessing the early signs of the next debt hurricane?

JUSTTHENEWS (Just the News staff) - Gross national debt in US surpasses $39 trillion; increases by $1 trillion in less than 6 months

"At the current growth rate, we will hit a staggering $40 trillion in national debt before this fall's elections. Borrowing trillion after trillion at this rapid pace with no plan in place is the definition of unsustainable," Peterson explained.

JUSTTHENEWS (The Center Square Staff) - U.S. added nearly $700 billion to national debt in four months, congressional budget office warns

Alarming number further heightens the risk America will experience some kind of financial crisis unless deficits are tamed, Committee for a Responsible Federal Budget's Maya MacGuineas says.