The volume of the US national debt has increased significantly; Americans will have to spend a trillion dollars a year paying off this debt in the near future. This was reported by RIA News Referring to the Roscongress report.
The document stated that “the US national debt is the main threat to the global economy.”
The authors of the report announced that America’s national debt volume has reached almost 34 trillion dollars. This situation threatens the global financial system. Roscongress emphasized that it is “mathematically impossible” to pay off the national debt in proportion to budget revenues.
Experts noted that the need to refinance debt arises at high rates, which can restrict economic activity and reduce cash flow.
In early January, the official representative of the Russian Foreign Ministry, Maria Zakharova I congratulated The United States has a record national debt.
Before that Fox News WroteThe rapid growth of the US national debt is becoming an increasingly painful issue for the American Congress.
Previously, as of January 2, US debt amount $34.001 trillion.