US debt spiral could start soon as interest rate on borrowing tops GDP growth - Fortune
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TL;DR
The US may soon face a debt spiral as interest rates on borrowing exceed GDP growth, with forecasts predicting a significant rise in national debt over the next decade.
- US debt spiral could start soon as interest rate on borrowing tops GDP growth Fortune
- The Budget and Economic Outlook: 2026 to 2036 | Congressional Budget Office Congressional Budget Office (.gov)
- US debt forecast to hit $64T in a decade as Trump policies widen deficit Politico
- GOP tax law fuels steeper deficits, partly buffered by Trump’s tariff revenue The Washington Post
- Congressional Budget Office Director on Budget and Economic Outlook C-SPAN