US Debt Levels Soaring: Economists Voice Concerns

US Economy Faces Pressure Under Record-High Public Debt

The US is grappling with an unprecedented level of public debt, having reached a staggering $34 trillion this year, an amount that continues to raise alarm among economists. With the federal debt balance ballooning at an alarming rate—the government is estimated to add another $1 trillion to its debt every 100 days—there are growing concerns over the economic implications this might entail.