America's $35 Trillion Debt: A Ticking Time Bomb for Future Generations The U.S. national debt has reached a staggering $35 trillion in 2024, increasing by $1 trillion since January alone. This milestone pushes the debt-to-GDP ratio to 98%, with projections suggesting it could exceed 140% by 2032 under current policies. The rapid accumulation of debt, which has grown by $11.8 trillion since 2020, raises concerns about fiscal sustainability. Despite the alarming figures, neither major political party has shown significant initiative to address the issue, highlighting a lack of political will to tackle the growing debt problem. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Will Gold Hit $2,500? Predictions for a Bright 2024 READ MORE Potential 2025 Recession Could Plunge Stock Market by 30%, Experts Warn READ MORE US Treasuries Boom: Paying Out $2 Million Per Minute Amidst Rising Yields READ MORE BRICS: Scotiabank Says US Dollar To Fall in 2024 READ MORE ZeroHedge: Yield-Curve Bear-Steepening Spells Trouble For Markets READ MORE Add a Comment Cancel replyYour email address will not be published.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