#USNationalDebt
📢 BREAKING: U.S. National Debt Surpasses $37 Trillion 🇺🇸💰
The U.S. national debt has officially crossed the $37 trillion mark—now over 120% of GDP—with annual interest payments exceeding $1.1 trillion. That’s more than what the country spends on Medicare or defense.
🔍 Key Updates:
💸 Debt Crisis Warnings: Economists like Ray Dalio and Ken Rogoff warn the U.S. could face a fiscal crisis in just a few years if current trends continue.
🌐 Global Concerns: Taiwan's central bank has flagged risks to global financial stability as confidence in U.S. Treasuries may erode.
🏛️ CBO Projections: New estimates show that proposed tax and immigration reforms could add another $3.3 trillion to the debt in 10 years.
📊 Why It Matters:
Interest payments are now one of the largest federal expenditures.
Global investors are watching closely—any loss of trust in U.S. Treasuries could ripple across global markets.
Fiscal policy decisions made now could shape America’s economic future for decades.
🧭 Bottom Line: The U.S. is entering uncharted territory with its debt load. As interest rates remain high and spending climbs, this could be a defining issue for the next administration and beyond.
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