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 Bankrupt Crypto Lender Genesis Settles SEC Lawsuit READ MORE Gold and Bitcoin Surge: Signals Time for a New Gold Standard? READ MORE Zimbabwe Will Attempt to Create Gold-Backed Currency READ MORE Gold Set for a Great 2024, with Silver to Shine Even Brighter: UBS Insights READ MORE U.S. Oil Falls as Fears of Iran-Israel Conflict Recede, Trading Below $81 READ MORE Add a Comment Cancel replyYour email address will not be published.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