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National debt nears $39 trillion as budget watchdogs warn of economic risks
The U.S. national debt is on track to reach nearly $39 trillion by mid-April, according to a new congressional report that underscores growing concerns about federal spending and the long-term consequences of mounting deficits.
Data released by congressional Republicans shows the debt is increasing by an average of $6.43 billion per day. Interest payments alone now consume roughly 13 percent of the entire federal budget, a figure budget watchdogs warn is unsustainable as deficits hover near $2 trillion annually.
“The national debt is in a huge emergency situation right now,” said Brandon Arnold, executive vice president of the National Taxpayers Union. “We’re approaching $39 trillion in national debt. It’s a national security problem, it’s an economic problem.”
The National Taxpayers Union is renewing its call for a constitutional balanced budget amendment, arguing it would impose fiscal discipline on lawmakers who have repeatedly failed to rein in spending.
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Видео National debt nears $39 trillion as budget watchdogs warn of economic risks канала CBS Austin
Data released by congressional Republicans shows the debt is increasing by an average of $6.43 billion per day. Interest payments alone now consume roughly 13 percent of the entire federal budget, a figure budget watchdogs warn is unsustainable as deficits hover near $2 trillion annually.
“The national debt is in a huge emergency situation right now,” said Brandon Arnold, executive vice president of the National Taxpayers Union. “We’re approaching $39 trillion in national debt. It’s a national security problem, it’s an economic problem.”
The National Taxpayers Union is renewing its call for a constitutional balanced budget amendment, arguing it would impose fiscal discipline on lawmakers who have repeatedly failed to rein in spending.
_______________
Stay up to date with CBS Austin by downloading our app: https://cbsaustin.com/station/mobile-apps
Follow us on social media:
Facebook: https://www.facebook.com/CBSAustin
Twitter: https://twitter.com/cbsaustin
Instagram: https://www.instagram.com/cbsaustin/
Subscribe to CBS Austin on YouTube: https://www.youtube.com/channel/UCT2FAPpgWOGGXtpheDT6jkQ//?sub_confirmation=1
Daily News Playlist: https://www.youtube.com/playlist?list=PLztFNpGmRDH0-G8xQ8GAl5b99SvhChtKb
For more information, visit https://cbsaustin.com/
Have a news tip? Send it directly to us:
Email us: news@cbsaustin.com
Call the Newsroom: 512.490.2199
CBS Austin is a Texas based station and a CBS Television affiliate owned and operated by Sinclair Broadcast Group. Sinclair Broadcast Group, Inc. is one of the largest and most diversified television broadcasting companies in the country today
#KEYE #CBSAustin #News #Austin
Видео National debt nears $39 trillion as budget watchdogs warn of economic risks канала CBS Austin
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10 февраля 2026 г. 5:17:59
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