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S Debt Ceiling News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The $34 trillion mountain of national debt is a boiling frog situation for the US economy, JPMorgan warns

The US government's bills will exceed its revenue by the early 2030s, according to a Congressional Budget Office estimate.

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America s biggest threat is debt

Currently, the US spends $1.8 billion a day on repaying its debt

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Bonds Go Bonkers: US Debt Costs Now Exceed Junk-Rated Vietnam, Morocco

Despite its AA+ credit rating, the US government now pays more to borrow than junk-rated nations after the Fed's multiple interest rate rises.

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Bond-Market Crash: 4 Charts Showing Why the US s Debt Mountain Is a Factor

Concerns about the deficit have fueled the Treasury-bond market meltdown of the past few weeks. These charts show why Wall Street is worried.

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US losing Fitch s top AAA credit rating may portend future economic weakness

The rating agency demoted the US government’s creditworthiness to AA+, its second-highest ranking, on Aug. 1, 2023.

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