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U.S. Debt Projected to Soar Amidst Rising Interest Costs

2/15/2026

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Story summary
  • The Congressional Budget Office projects federal debt above 120% of GDP by 2036.
  • Annual interest costs could reach $2.1 trillion due to rising yields.
  • The Committee for a Responsible Federal Budget warns of a debt spiral.
  • U.S. President Donald Trump’s policies are linked to a $23.1 trillion shortfall over the next nine years.
  • A Supreme Court ruling on Trump's tariffs could affect the fiscal outlook.