US Debt Interest to Eclipse Defense Spending The US is facing a critical financial challenge as its national debt escalates. Capital Group’s analysis reveals that within the next five years, the US government’s interest payments on this debt are poised to outpace defense spending. Economist Darrell Spence notes a concerning trend: if the debt continues to grow as projected by the Congressional Budget Office, annual net interest payments could skyrocket from below $500 billion to an astonishing $1.4 trillion by 2033. This shift underscores the urgent need for attention to the country’s debt dynamics. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Safe-Haven Demand Drives Gold Closer to Peak Amid Middle East Unrest READ MORE The Elite's Escape Plan: Inside the Billionaire Bunker Boom READ MORE Surprise CPI Drop Propels Gold Prices Towards All-Time Highs READ MORE Why Do Most Nations Use Fiat Money Today? READ MORE Dimon Highlights Commercial Real Estate's Recession-Contingent Future READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment