"The government's $38.5 trillion national debt is suffocating the American Dream, a leading economist has warned, and if a highly debated debt crisis comes to fruition the country could be facing an all-out economic depression."
"In the final three months of 2025, the government spent $276 billion in interest on the debt, which the likes of Bridgewater Associates founder Ray Dalio warn will one day squeeze out government investment needed to bolster economic prosperity."
""the growing debt risks a bond market reckoning with potentially dire consequences for the American people. The actions of their representatives in Congress will determine whether the conditions of the American Dream-peace, freedom, and prosperity-survive, or if the future is decline.""
The United States carries a $38.5 trillion national debt that is straining economic prospects and could trigger a debt crisis and widespread economic depression. Housing shortages, restricted access to education, and rising costs for retirement, childrearing, and transportation are cited as barriers to achieving the American Dream. Large investors buying single-family homes and policy responses to that trend have drawn attention. Mounting interest obligations are already substantial: $276 billion paid in interest during the final quarter of 2025. Prominent economists warn that escalating interest costs could crowd out government investment and precipitate a bond-market reckoning with dire consequences.
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