That used to be your war cry. Now you give zero shits. What happened? Hate won out?
The White House of 2036 will have a mammoth task on its hands: It will need to rustle up more than $2 trillion a year to pay the interest on its national debt burden, approximately 5% of the nation’s entire economy.
According to the latest projections from the Congressional Budget Office (CBO), the U.S. government will continue to run a sizable and growing deficit over the next decade. In 2026, the , or 5.8% of GDP. Come 2036, that will have ballooned to $3.1 trillion, or roughly 7% of the American economy.
Projections of —regardless of whichever party is in the White House—means the U.S. will also At the moment, America’s national debt stands at $38.59 trillion, with showing the government has paid out $427 billion in interest this fiscal year alone.
The White House of 2036 will have a mammoth task on its hands: It will need to rustle up more than $2 trillion a year to pay the interest on its national debt burden, approximately 5% of the nation’s entire economy.
According to the latest projections from the Congressional Budget Office (CBO), the U.S. government will continue to run a sizable and growing deficit over the next decade. In 2026, the , or 5.8% of GDP. Come 2036, that will have ballooned to $3.1 trillion, or roughly 7% of the American economy.
Projections of —regardless of whichever party is in the White House—means the U.S. will also At the moment, America’s national debt stands at $38.59 trillion, with showing the government has paid out $427 billion in interest this fiscal year alone.
