The U.S. is trapped in a vicious cycle of escalating debt.
The numbers tell an undeniably disturbing story. The U.S. national debt is on track to approach 100% of GDP this year, a massive surge from just 36% in 2005. To make matters worse, projections show that by 2035, the debt will reach an unimaginable 118.5% of GDP, driven by soaring debt costs and a never-ending …