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 Higher Inflation Challenges South Africa's Economic Stability READ MORE From Tokyo to Istanbul: The World Reacts to a Surging US Dollar READ MORE Oil prices little changed as OPEC sticks to demand and steady economic growth forecasts READ MORE Gold Price Soars Past $2,200 as Fed Signals Rate Cuts READ MORE Gold's Disconnect from Dollar and Yields Raises Questions for Wealth Managers READ MORE Add a Comment Cancel replyYour email address will not be published.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