The Brewing U.S. Debt Storm: Rising Borrowing, Soaring Interest Costs, and the Risk of Market Shock
The U.S. debt crisis is intensifying as the national debt approaches $37 trillion, with borrowing rising sharply and interest costs soaring. Despite increased federal revenues driven by tariffs, government spending outpaces income, widening the budget deficit to $1.6 trillion in the first 10 months of fiscal 2025. Servicing this massive debt has become increasingly expensive, climbing by 8%, which heightens the risk of a market shock. With the debt growing at an average rate of over $5 billion per day, the fiscal outlook remains unsustainable without bipartisan action to address spending and revenue imbalances. These trends underscore urgent concerns about long-term economic stability and the burden on taxpayers.


