Interest payments on the debt now exceed national defense spending.
Economists are divided on whether this debt poses a serious threat to economic stability or remains manageable with economic growth.
Political debates focus on whether to cut spending or increase taxes to address the growing debt.
🚨🇺🇸U.S. NATIONAL DEBT HITS $35 TRILLION
Interest payments on the debt now exceed national defense spending.
Economists are divided on whether this debt poses a serious threat to economic stability or remains manageable with economic growth.
Political debates focus on… pic.twitter.com/l7YjOneuib
— Mario Nawfal (@MarioNawfal) July 29, 2024
Just another fyi that government spending is driving America bankrupt … https://t.co/giuRkeHzI8
— Elon Musk (@elonmusk) July 29, 2024
— Elon Musk (@elonmusk) July 30, 2024
h/t DOORBERT