US Adds $5.2 Billion Per Day To Its Ballooning Debt Pile, Which Is Now $101,240 Per Citizen — Economist Warns ‘Net Interest Payments On The Debt Are Expected To Surpass Defense Spending’

Alarm bells are sounding as the U.S. debt surpassed $34 trillion at the start of 2024. This translates to an average of approximately $259,000 per household and $101,240 per person, according to real-time data from the site USDebtClock.org. Those figures bring the enormity of the debt into a more tangible perspective for American families. The government’s spending dynamics are shifting in a worrying direction. The impact of the debt is profound, as highlighted by insights from experts and analy