#us-federal-debt
#us-federal-debt

[ follow ]

The U.S. is joining Europe's debt club-Trump's 'Big Beautiful Bill' could fuel $38 trillion tab, bigger than Italy or Greece by GDP share | Fortune

U.S. federal debt is rising toward roughly 143% of GDP by 2030, surpassing Italy and Greece due to tax cuts and expanded federal spending.

GDP growth and tariffs alone cannot eliminate U.S. federal debt, which is about $37.4 trillion and roughly 100% of GDP in 2025.

U.S. faces a potential debt-induced fiscal crisis within about three years driven by rising deficits, tax cuts, and soaring interest costs.

[ Load more ]