76 Days
Source:
الاقتصادية
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Source: الاقتصادية
76 Daysالاقتصادية
Source: الاقتصادية
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The total U.S. public debt впервые surpassed the $40 trillion mark, according to data from the U.S. Treasury Department. This reflects a significant increase in borrowing levels due to higher interest costs and social safety net programs, alongside declining revenues resulting from tax cuts. U.S. debt has experienced substantial growth over the past decade, especially due to financing the COVID-19 pandemic and the fiscal policies of Presidents Trump and Biden. This has increased the debt burden, raised borrowing costs, and posed risks to the sustainability of the American fiscal economy amid growing pressures on the budget, where expenses now exceed government revenues.
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