US national debt, now more than 36.2 dollarsAwarded a growing concern among economists and credit agencies like Moody’s, which recently downgraded the American credit rating in the midst of fears that economic growth does not follow the increase in debt and payments of interest.
Economists have criticized politicians’ plans to reduce America’s national debt as too little, too late. But analysts warn that the problem is now coming home to perch, with the once unshakeable confidence in the budgetary future of the United States.
The national debt of America, which Currently amounts to more than 36.2 dollars, increasingly increases in economists’ programs. Their fear is that the country’s debt burden increases, in addition to payments of interest to serve the debt, the economy will not develop quickly enough to support expenses.
Such fears have reflected in the retrochuring of Moody’s Downragrade of Us Credit last week from AAA to AA1. Moody’s justified: “Although we recognize the important economic and financial forces in the United States, we believe that they no longer completely counter the drop in tax measures.”
The degraded is yet another thorn on the side of American budgetary health, despite the protests of the Treasury Secretary Scott is that the market should show little news from Moody.
As Jim Reid of Deutsche Bank said it in a note seen by Fortune This morning: “Yesterday, had the impression that we were somewhere along the line of a” death by a thousand cuts “with regard to the American budgetary situation. Difficult to know where we are in this thousand, but probably much closer to a thousand than zero even though yesterday saw a first setback over the session.
“In the end, the loss of the US final rating Triple-A late Friday evening does not change anything immediately, but it maintains the drip, the drip of bad budgetary news against the damage of the durability of the debt in the background.”
President Trump and his office are not blind to the question of national debt. Trump suggested that this could be paid with the funds of his “Gold Card” visa system, while the primordial message of DOGE (the government’s ministry of efficiency) was the effectiveness and reduction of costs.
But Trump maintains a delicate balance in the deliverables that his campaign promises: reducing costs and reducing taxes, which, in turn, reduces the income necessary to rebalance public spending.
Trump is currently encouraging congress to adopt this “large and beautiful bill” of tax reductions. Part of this includes an expansion of tax reductions in 2017, which should expire at the end of 2025, with notable additions such as axes on tips on tips and overtime.
