--- title: "Economist warns US faces recession risk with record $39T debt" type: "News" locale: "en" url: "https://longbridge.com/en/news/286395320.md" description: "The US faces recession risks as gross national debt reaches a record $39 trillion, surpassing annual GDP. Interest costs now exceed Medicare and Medicaid spending. Sticky inflation and heavy borrowing limit traditional recession-fighting measures, raising concerns about economic resilience. The CBO projects that by 2036, nearly a third of tax revenue could be allocated to debt interest, reducing funds for current services." datetime: "2026-05-14T10:05:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286395320.md) - [en](https://longbridge.com/en/news/286395320.md) - [zh-HK](https://longbridge.com/zh-HK/news/286395320.md) --- # Economist warns US faces recession risk with record $39T debt Debt hits record: Gross national debt has reached $39 trillion, surpassing annual GDP, with interest costs now exceeding spending on Medicare or Medicaid. Policy tools constrained: Sticky inflation and heavy borrowing limit the Fed’s and government’s traditional recession-fighting measures, raising concerns over economic resilience. Future burden rising: CBO projects nearly a third of tax revenue could go to debt interest by 2036, reducing funds for current services. ### Related Stocks - [CBOE.US](https://longbridge.com/en/quote/CBOE.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [XLF.US](https://longbridge.com/en/quote/XLF.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [FNCL.US](https://longbridge.com/en/quote/FNCL.US.md) - [VFH.US](https://longbridge.com/en/quote/VFH.US.md) - [IAI.US](https://longbridge.com/en/quote/IAI.US.md) ## Related News & Research - [Cboe Global Markets Declares Second-Quarter 2026 Dividend | CBOE Stock News](https://longbridge.com/en/news/286469933.md) - [Table-Non-competitive bids for U.S. 17-week bills](https://longbridge.com/en/news/286285115.md) - [ANALYSIS-Investors gird for high US Treasury yields as new Fed Chair Warsh battles inflation](https://longbridge.com/en/news/286359372.md) - [ROI-G7 long bond stress intensifies: Mike Dolan](https://longbridge.com/en/news/286204081.md) - [More from Fed's Barr - hasn't decided on what to do at June FOMC meeting](https://longbridge.com/en/news/286484533.md)