Jamie Dimon Warns of U.S. Debt Crisis as Nation Adds $2.1 Trillion in Three Months America’s escalating public debt has reached $34.7 trillion, and experts like Jamie Dimon and Jerome Powell are alarmed by the rapid increase, with an additional $2.1 trillion added in just three months. The Congressional Budget Office (CBO) reports the deficit will rise from $1.5 trillion this year to $2.6 trillion by 2034, with the debt-to-GDP ratio expected to surge from 99% to 122%. The rise is fueled by recent legislation, including $95 billion in aid to Ukraine, Israel, and Indo-Pacific countries, along with ongoing funding obligations. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Dot Plot to Reveal Insights on Potential Rate Cuts READ MORE Gold Climbs on Anticipation of Fed Rate Cuts and Middle East Unrest READ MORE Royal Mint Reports 7% Growth in Investor Numbers, Driven by Gold Demand READ MORE Global Public Debt Reaches $97 Trillion, Developing Nations Struggle READ MORE Rising Non-Bank Reliance Could Amplify Financial Shocks for Big Banks READ MORE Add a Comment Cancel replyYour email address will not be published.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