US National Debt Hits $31 Trillion, Raising Concerns Over Fiscal Sustainability

6 articles · Updated · Fortune · Apr 22

The US national debt has surpassed $31 trillion, reaching 100% of GDP and setting the stage for record highs within three years.
Federal deficits continue to grow, with interest payments now consuming nearly 21% of tax revenues and a significant portion of debt maturing within five years.
Rising debt and interest costs threaten economic growth, as policymakers struggle to bridge the widening gap between government spending and revenue.

Can the U.S. grow its way out of $31 trillion in debt, or are major spending cuts inevitable?

With 70% of debt maturing within five years, how vulnerable is the U.S. to a sudden interest rate shock?

The Federal Reserve is buying government debt again. How will this affect your savings and future inflation?

With debt interest costs exceeding military spending, is the nation's greatest threat now economic, not foreign?

If U.S. Treasuries are losing their 'safety premium', what does this mean for global financial stability?

As 21 cents of every tax dollar pays debt interest, what public services are being sacrificed for past spending?