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 January Sees U.S. Wholesale Prices Increase, Highlighting Ongoing Inflation Challenges READ MORE S&P 500 Breaks 5,000 Mark Amid Anticipation for Key Inflation Data READ MORE S&P Global Survey Shows US Business Activity Picks Up in January as Inflation Cools READ MORE From Luxuries to Groceries: The Evolving Landscape of BuyNow, Pay Later READ MORE What is the Best Gold and Silver to Buy? READ MORE Add a Comment Cancel replyYour email address will not be published.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