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As the investment world still comes to grips with the Fitch Ratings decision to downgrade the U.S. debt rating, here’s an eye-popping statistic: the U.S. government’s debt will rise by $5.2 US National Debt Clock : Real Time U.S. National Debt Clock : DOGE Clock In the report, Global Chief Economist Nathan Sheets and a team of economists and strategists note that since the pandemic’s onset, the debt of the U.S. federal Higher debt payments and the possibility of a U.S. recession over the next 10 years could boost U.S. debt levels beyond recent forecasts and weigh on economic growth, an U.S. debt, which is the amount of money the federal government borrows to cover operating expenses, now stands at nearly $34.4 trillion, as of Wednesday. Bank of The US government's public outstanding debt is on track to surpass $50 trillion by 2025. The increase comes out to roughly $5.2 billion every day or $218 million every Using data from the Congressional Budget Office, an independent federal agency, that forecasts government debt will rise from $32.5 trillion now to $50 trillion by 2025 A new forecast from Bank of America strategist Michael Hartnett has shed light on the staggering trajectory of the U.S. government’s debt. According to Hartnett’s

U.S. Government Debt to Surge $5.2 Billion Daily: Strategist Warns

The investment world is still grappling with the implications of the Fitch Ratings downgrade of U.S. debt. A new forecast is painting a stark picture: according to Bank of America strategist Michael Hartnett, the U.S. government’s debt will rise by $5.2 billion every day.

Hartnett\'s analysis, drawing on data from the Congressional Budget Office (CBO), an independent federal agency, projects a significant escalation in U.S. debt levels. The CBO forecasts government debt will jump from $32.5 trillion now to $50 trillion by 2025. This rapid accumulation translates to approximately $5.2 billion added to the national debt each day, or $218 million every hour.

Currently, U.S. debt, which is the amount of money the federal government borrows to cover operating expenses, now stands at nearly $34.4 trillion, as of Wednesday. The US National Debt Clock offers a real-time visualization of this staggering figure, alongside alternatives like the DOGE Clock.

This projection is further elaborated upon in a report led by Global Chief Economist Nathan Sheets and a team of economists and strategists at Bank of America. In the report, Global Chief Economist Nathan Sheets and a team of economists and strategists note that since the pandemic’s onset, the debt of the U.S. federal... has seen substantial increases.

The forecast highlights potential challenges ahead. Higher debt payments and the possibility of a U.S. recession over the next 10 years could boost U.S. debt levels beyond recent forecasts and weigh on economic growth. The unsustainable trajectory of government spending is raising concerns about long-term economic stability.

This situation is critical because the US government\'s public outstanding debt is on track to surpass $50 trillion by 2025. Monitoring the U.S. National Debt Clock is essential for understanding the scale of this growing debt burden. The debt rises by $5.2 US National Debt Clock daily.

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