Site icon News Portal NP

US Federal Debt Tops $36 Trillion as Dollar’s Decline, BRICS’ Rise Take Toll

US financial analysts and Wall Street bankers have warned for years about the long-term unsustainability of the federal government’s debt burden, with interest payments on the national debt close to topping $1 trillion in 2024 – more than any other spending obligation besides Social Security and Medicare.

Access Full Coverage

Exit mobile version