The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.

In the post, the user shares a graph to show the US’ outstanding debt and said: “The United States has a severe spending problem. Current national debt is now at $36 trillion and growing.

By many measures, the opening months of President Trump’s second term stand apart from those of essentially any modern ...

The ever-worsening debt outlook led Fitch to downgrade the US credit rating from AAA to AA+. The same year, Moody’s changed its outlook for US creditworthiness from stable to negative.