The US national debt exceeded $36 trillion for the first time. about this reported at the country’s Ministry of Finance.
The report shows that the amount has increased by more than $2 trillion since the beginning of 2024. The US Congressional Budget Office suggests that the volume of Washington’s liabilities will continue to grow rapidly over the next decade and will approach $57 trillion by 2034.
America to have Peak government debt of $37.5 trillion represents 35.6% of the global economy. In second place is China, with a debt of $14.9 trillion or 14.1% of global GDP.
Even before US President-elect Donald Trump won the election named a possible way for a country to pay off its national debt. The politician suggested using cryptocurrencies as a solution to the problem. He announced this in a private meeting with his supporters.
Previously in the USA statedDemocrats and Republicans agreed to ignore the size of the national debt.