U.S. National Debt Hits $39 Trillion on July 5, With Annual Interest Payments at $1 Trillion

According to BlockBeats, U.S. national debt reached approximately $39 trillion on July 5, with annual interest payments hitting about $1 trillion, exceeding the defense budget. The debt-to-GDP ratio currently stands at approximately 100%. According to the Wharton School's Penn Budget Model, fiscal systems face unsustainable risk when the debt-to-GDP ratio exceeds about 210%. The Congressional Budget Office projects the ratio could rise to 175% by 2056.
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