#USNationalDebt 🇺🇸 #USNationalDebt Update

The U.S. national debt has surpassed $34.8 trillion, raising concerns about long-term fiscal sustainability. With interest payments on the debt now exceeding defense spending, the pressure on the federal budget is growing.

🔍 Key Points:

Debt-to-GDP Ratio is approaching historic highs.

Rising interest rates mean higher costs to service the debt.

Congressional Budget Office (CBO) projects continued deficits without policy changes.

📉 Why it matters:

High debt can crowd out private investment, raise borrowing costs, and limit the government's ability to respond to future crises.

Stay informed. The numbers matter. #Economy #FiscalPolicy #DebtCrisis