Creatix / June 30, 2025 The U.S. national debt has surpassed $34.7 trillion , and the cost of servicing that debt— just the interest payments—has soared to over $1 trillion annually as of mid-2025. This marks a historic shift: we now spend more just paying interest on the National debt than on defense, Medicare, or any single discretionary program. Economists warn that unless fiscal policy changes, interest costs will crowd out critical investments in infrastructure, education, and innovation, deepening the structural debt burden for future generations. From Osama to MAGA OBBA: the path to U.S. bankruptcy. Osama Bin Laden "succeeded" in putting us in a path to bankruptcy. The U.S. national debt began to increase dramatically after 9/11, marking a sharp departure from the budget surpluses of the late 1990s. In response to the terrorist attacks, the U.S. launched costly wars in Afghanistan and Iraq, while also implementing sweeping tax cuts under the Bush administration. These...
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