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The U.S. national debt has rapidly escalated to over $37.2 trillion and is projected to hit $54 trillion within a decade, signaling an unsustainable fiscal path. This alarming growth is prompting credit rating downgrades, with soaring interest payments now exceeding Medicare and defense budgets and potentially stifling future economic investments.
By Mr.MoneySupport All is Money
The U.S. national debt has rapidly escalated to over $37.2 trillion and is projected to hit $54 trillion within a decade, signaling an unsustainable fiscal path. This alarming growth is prompting credit rating downgrades, with soaring interest payments now exceeding Medicare and defense budgets and potentially stifling future economic investments.