How America's Debt Spiral Could Spark The Next Crisis

Name: How America's Debt Spiral Could Spark The Next Crisis
Uploaded: 2025
Duration: 19 min

202519 minHD★ 7.7Society & Politics

Independent analyses, ranging from Yale University to the Wharton School to the Congressional Budget Office, have each said that President Trump’s Big Beautiful Bill will add trillions of dollars to the U.S. deficit over the next 10 years. Yet, this year, the U.S. deficit is already exceeding 6 percent of GDP, a level roughly 63 percent higher than the average in the past five decades. And unlike past spikes, the current one isn’t driven by war or economic crisis, leading many to worry.

Courtesy of CNBC on YouTube. Watch on YouTube ↗