National debt nears $39 trillion as budget watchdogs warn of economic risks скачать в хорошем качестве

National debt nears $39 trillion as budget watchdogs warn of economic risks

The U.S. national debt is on track to reach nearly $39 trillion by mid-April, according to a new congressional report that underscores growing concerns about federal spending and the long-term consequences of mounting deficits. Data released by congressional Republicans shows the debt is increasing by an average of $6.43 billion per day. Interest payments alone now consume roughly 13 percent of the entire federal budget, a figure budget watchdogs warn is unsustainable as deficits hover near $2 trillion annually. “The national debt is in a huge emergency situation right now,” said Brandon Arnold, executive vice president of the National Taxpayers Union. “We’re approaching $39 trillion in national debt. It’s a national security problem, it’s an economic problem.” The National Taxpayers Union is renewing its call for a constitutional balanced budget amendment, arguing it would impose fiscal discipline on lawmakers who have repeatedly failed to rein in spending. _______________ Follow WTOV NEWS 9 on social media: WTOV NEWS 9 News on Facebook:   / wtov9   WTOV NEWS 9 on Twitter:   / wtov9   Subscribe to WTOV NEWS 9 on YouTube:    / @wtovnews9931   For all of the day’s top local and national news, visit https://wtov9.com/ Watch our live newscasts and other live video at https://wtov9.com/watch Have a news tip? Send it directly to us: Email us: newsdesk@wtov.com Call the Newsroom: 740.282.9999 WTOV is an OH based station and a NBC Television affiliate owned and operated by Sinclair Broadcast Group. Sinclair, Inc. is one of the largest and most diversified television broadcasting companies in the country today. Sinclair owns and operates, programs or provides sales services to 163 television stations in 77 markets, after pending transactions. Sinclair's television group reaches approximately 38.7% of US television households and includes FOX, ABC, MyTV, CW, CBS, NBC, Univision and Azteca affiliates. #WTOV #WTOV News 9 #WTOV NEWS 9 #Steubenville News #localnews