US debt is now $37trn – should we be worried?British Broadcasting Corporation

The US national debt has reached $37 trillion, sparking concerns about its sustainability. Critics worry about the impact of Trump's new tax-cutting budget bill, which will increase the debt further. Potential consequences include reduced government spending, increased taxes, the printing of more money, or even a US default, though the latter is considered unlikely. Despite the concerns, the dollar remains dominant due to a lack of viable alternatives, but its future and that of US debt are under scrutiny. While the debt-to-income ratio isn't the highest globally, the sheer scale raises worries, and experts are at odds over the future.