The U.S. national debt passed 40 trillion dollars on Wednesday, setting a new record.
美国国债周三突破40万亿美元,创下历史新高。
Defense spending, Social Security, Medicare, and growing interest on the deficit make up most of federal spending.
国防开支、社会保障、医疗保险以及不断膨胀的赤字利息,构成了联邦支出的主要部分。
This number came only five months after reaching 39 trillion in March. The 38 trillion mark was reached last October.
这一数字距离3月达到39万亿美元仅过了五个月,而38万亿美元是在去年10月达到的。
White House spokesperson Kush Desai said the Trump administration has focused on cutting waste, fraud, and abuse. It also wants to speed up economic growth. The goal is to push the debt-to-GDP ratio in the right direction.
白宫发言人库什·德赛表示,特朗普政府一直专注于削减浪费、欺诈和滥用,同时加速经济增长,以推动债务与GDP之比朝正确方向发展。
But experts say the surge in debt has raised borrowing costs for things like mortgages and cars. It has also lowered wages and made goods and services more expensive.
但专家指出,债务激增已推高抵押贷款和汽车等借款成本,压低工资,并使商品和服务变得更贵。
Michael A. Peterson, head of the Peterson Foundation, spoke about improving life for people now and in the future. Lawmakers should put the country on a path that costs less and can continue.
彼得·彼得森基金会首席执行官迈克尔·A·彼得森说,如果希望提高今世后代的生活水平,立法者现在就该让国家走上更可负担、更可持续的道路。
Debt grew quickly during several presidents' terms because leaders spent more than they collected in taxes.
债务在多位总统任期内快速增长,因为领导人支出超过税收。
The COVID-19 pandemic forced the federal government to borrow a lot. This happened during both Trump's first term and Biden's term.
新冠疫情曾迫使联邦政府大量借款,特朗普第一任期和拜登任内都如此。
After Trump signed Republican tax-cut and spending legislation last year, more spending was approved.
去年特朗普签署共和党减税和支出立法后,更多支出获得批准。
Margaret Spellings heads the Bipartisan Policy Center. She warned that federal debt has raised living costs. It has also squeezed other spending and investment. And it has threatened the economy and long-term prosperity.
两党政策中心总裁玛格丽特·斯佩林斯警告,联邦债务已抬高生活成本,挤压其他支出和投资,威胁经济与长期繁荣。
She said the current fiscal path is clearly unsustainable, and events like artificial intelligence, a recession, or a global war could quickly turn the challenge into a full crisis.
她说,当前财政轨迹显然不可持续,而人工智能、衰退或全球战争等事件可能迅速把挑战变成全面危机。
The U.S. is bound by a legal debt limit. The center estimates that the U.S. will most likely hit the $41.1 trillion limit. This will happen between late winter and midsummer 2027. Then Congress will vote again on whether to raise or suspend the limit.
美国受法定债务上限约束,该中心估计,美国最可能在2027年冬末至仲夏间触及41.1万亿美元上限,届时国会将再次投票决定是否提高或暂停上限。
OECD data shows that the U.S. fiscal situation is the worst among developed countries.
经合组织数据显示,美国财政状况在发达国家中最差。