From Reagan to Covid: The Factors Behind America’s $36.51 Trillion Debt

Source: Bitcoin.com
by Jamie Redman

“A perennial inquiry among financial circles — from bitcoin enthusiasts to gold stalwarts — centers on the U.S. national debt’s vertiginous climb to $36.51 trillion by Feb. 22, 2025. Contrary to the specious assertions of certain commentators who simplistically blame tax reductions, the crux lies in three interlocking forces: expansive fiscal outlays, unrelenting shortfalls between revenue and expenditures, and the compounding weight of interest obligations.” (02/22/25)

https://news.bitcoin.com/from-reagan-to-covid-the-factors-behind-americas-36-51-trillion-debt/