#USNationalDebt

High interest rates are causing an increase in the cost of debt servicing, as interest payments alone now represent a large proportion of the annual budget, surpassing spending on vital areas such as education and infrastructure. Some economists believe that continuing down this path could threaten economic stability and constrain the government's ability to respond to future crises, such as recessions or natural disasters.

While the dollar remains the dominant global currency, the ongoing growth of debt raises concerns about market and investor confidence. Many experts point to the urgent need for financial reforms that include reducing expenditures and increasing revenues in a fair and sustainable manner. Addressing this crisis requires bold political decisions and bipartisan cooperation to secure a stable financial future for the coming generations.