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U.S. National Debt Hits $38 Trillion: Warnings Ahead

10/24/2025

Center

Debt Crisis Looms

The national debt has surpassed $38 trillion, with projections showing it could reach $39 trillion.
The debt-to-GDP ratio is projected to rise from 125% to 156% by 2055.
Interest payments consumed 17% of federal spending in fiscal year 2025.
Maya MacGuineas of the Committee for a Responsible Federal Budget criticizes fiscal complacency.
Analysts see potential in U.S. President Donald Trump’s revenue ideas, including tariffs and a 'Gold Card' visa plan.

Left

Krugman Critiques Economy

Economist Paul Krugman says the U.S. economy under U.S. President Donald Trump is misrepresented as healthy.
He cites rising income inequality and a K-shaped expansion that benefits the wealthy.
Long-term unemployment is rising, affecting more than 1.9 million Americans.
Auto loan delinquencies are rising and repossessions are at the highest since 2009.

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Debt Crisis Looms

The national debt has surpassed $38 trillion, with projections showing it could reach $39 trillion.
The debt-to-GDP ratio is projected to rise from 125% to 156% by 2055.
Interest payments consumed 17% of federal spending in fiscal year 2025.
Maya MacGuineas of the Committee for a Responsible Federal Budget criticizes fiscal complacency.
Analysts see potential in U.S. President Donald Trump’s revenue ideas, including tariffs and a 'Gold Card' visa plan.

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