Analysts warn U.S. debt will surge to $64 trillion

Analysts have warned that the federal debt of the United States could reshape global markets in the next decade. According to new Congressional Budget Office (CBO) projections, the U.S national debt is on track to hit $64 trillion by 2036. Related: U.S. debt worries sends crypto stocks crashing $64 trillion becomes the base case Fresh estimates show federal debt is set to surge by roughly $2.4 trillion per year over the next 10 years. If current assumptions hold, total debt will double from 2023 level ...