A ‘debt spiral’ before a fiscal crisis: Interest on the national debt will be growing faster than GDP in just 5 years, think tank warns

The Committee for a Responsible Federal Budget warns that interest payments on U.S. national debt will grow faster than GDP by 2031, creating a potentially irreversible debt spiral. This critical threshold crossing could trigger a fiscal crisis with severe economic consequences.

• →Interest payments on national debt projected to outpace GDP growth by 2031 according to budget watchdog group.
• →The debt spiral represents a critical threshold that could become nearly impossible to reverse once crossed.
• →Current trajectory suggests a looming fiscal crisis within the next seven years.
• →Growing debt service costs will consume an increasing share of federal resources and economic output.
• →The warning highlights unsustainable fiscal policies that threaten long-term economic stability.