US debt interest payments are unsustainable and flash ‘huge warning signs’ as they take over federal spending, budget expert warns
September 23, 2023 at 14:09 PM EDT
US debt this past week hit an all-time high of $33 trillion amid a ballooning federal deficit and a massive wave of Treasury bills. To be sure, rising debt in itself is not automatically cause for concern, as it's uncommon for nations to completely pay down large balances. Instead, a more meaningful … Source
