America's Mounting Debt Crisis: CBO Warning Signals Historic Fiscal Challenge
CBO: Federal deficits and debt to worsen over next decade TL;DR: America's Debt Crisis and National Security Threat The Fiscal Crisis: The U.S. crossed a historic threshold in 2024: for the first time since WWII, interest payments on the national debt ($882 billion) exceeded defense spending ($874 billion). By 2035, interest alone will reach $1.8 trillion annually—more than double defense spending. With debt at 101% of GDP and climbing to 120% by 2035, the nation now spends more servicing past borrowing than protecting its future. The Industrial Collapse: Decades of offshoring gutted America's defense manufacturing capacity. China's shipbuilding capacity is 230 times larger than America's. U.S. forces would run out of critical munitions within days—not months—of sustained combat with China. Production timelines for replacement weapons: 2+ years. China controls 70% of rare earth mining and 90% of processing—materials absolutely essential for missiles, jets, submarine...
