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US National Debt Reaches Historic $35 Trillion

New data reveals unprecedented rise, sparking urgent calls for fiscal reform.

  • The federal debt now stands at $35 trillion, equating to approximately $104,000 per US citizen.
  • Experts warn that the debt trajectory poses significant risks to the economy, including inflation and interest rates.
  • Both political parties face criticism for their roles in escalating the national debt through spending and tax policies.
  • The Congressional Budget Office projects the federal budget deficit to approach $2 trillion this fiscal year.
  • Calls for bipartisan solutions to address the fiscal crisis are growing as election season approaches.
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