US treasury bond bonds: exceeding the upper limit of US $32 trillion for the first time | treasury bond bonds | US
According to the New York Times on the 16th, the latest data released by the US Treasury Department showed that the US treasury bond exceeded US $32 trillion for the first time, nine years earlier than previously predicted.
The Peter Peterson Foundation's forecast shows that the United States will increase its debt by $127 trillion over the next 30 years. By 2053, interest costs will consume nearly 40% of federal fiscal revenue.
At the beginning of this month, a bill regarding the US federal government's debt ceiling and budget came into effect, temporarily avoiding the US government from falling into debt default. But American economist Mark Zandy said that this cannot fundamentally solve the US government's debt ceiling crisis, and the long-term fiscal challenges facing the US still exist.