Goldman Sachs says Trump's spending plan won't stop the national debt from hitting 'unsustainable' highs not seen since World War II

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Goldman Sachs says Trump's spending plan won't stop the national debt from hitting 'unsustainable' highs not seen since World War II

fortune.com/2025/06/19/goldman-sachs-says-trumps-spending-plan-wont-stop-the-national-debt-from-hitting-unsustainable-highs-not-seen-since-world-war-ii

The U.S. will pay $1 trillion in interest on the $36 trillion national debt next year, more than it spends on Medicare and defense. If lawmakers wait too long to address deficits, Goldman economists warn, a historic austerity push could be needed to avert disaster.
President Donald Trump…

This story appeared on fortune.com, 2025-06-19 14:46:41.027000.