US public debt to reach 122% of GDP by 2027

5 articles · Updated · Caliber.Az - Новости Азербайджана и мира · May 1

Fitch also expects the federal budget deficit to stay near 7.9% of GDP and affirmed the United States' long-term credit rating at AA+.
The agency said tariff-policy uncertainty and rising spending, particularly linked to military operations against Iran, are keeping the US economic outlook unstable and pressuring fiscal stability.
Despite the warning, Fitch said default risk remains relatively low, even as high expenditure and external economic factors continue to weigh on the country's finances.

With US credit ratings now on par with France, is the dollar's dominance as the world's reserve currency at risk?

As debt interest payments consume more revenue than most federal programs, are cuts to Social Security and Medicare now inevitable?

After the Supreme Court nullified key tariffs, what happens to the $130 billion already collected from American businesses?