The U.S. national debt is currently at unprecedented levels relative to GDP, fueled by long-term structural deficits, demographics, high interest costs, and legacy crisis spending. With credit downgrades, investor unease, and ballooning interest payments, the situation carries significant economic and policy risks.
Absent proactive fiscal reform, we face growing debt-servicing costs, reduced policy flexibility, possible inflationary pressure, and risks to U.S. economic leadership. The window for corrective measures is closing.