Historic Debt Costs Loom: 2025 Debt Interest Costs to Exceed World War II Levels The Congressional Budget Office (CBO) has issued a warning that the cost of servicing the US government’s debt will reach a new high next year and will continue to increase. This situation raises concerns about the government’s borrowing pace. US debt held by the public is expected to reach $45.7 trillion, or 114% of GDP by 2033, according to the CBO’s latest forecasts. That’s actually down from the 118% projection for 2033 released a year ago. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed's Rate Hikes Propel Global Shift Away from U.S. Dollar, Says Atlantic Council READ MORE Hoenig Cautions Against Expecting Three Rate Cuts Amid Economic Resilience READ MORE ZeroHedge: There's An Odd Chill In The Air – Dallas Fed Respondents Warn Of "Pending Doom" READ MORE How & Where to Buy Silver Coins [2024 Buyers Guide] READ MORE ECB Resists Market Pressure for Interest Rate Cuts READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
