--- title: "Apollo economist warns U.S. debt limits recession defenses" type: "News" locale: "en" url: "https://longbridge.com/en/news/286472294.md" description: "Apollo economist warns that the U.S. faces significant recession risks due to record-high debt, which has reached $39 trillion. Daily interest payments exceed $3 billion, consuming over 20% of tax revenues. The federal deficit has accelerated to $955 billion in just seven months, with projections suggesting it will surpass $1.9 trillion by fiscal 2026, raising concerns about long-term fiscal sustainability. Additionally, persistent inflation and high borrowing needs may limit the Federal Reserve's ability to cut rates and restrict government spending during a recession." datetime: "2026-05-14T21:33:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286472294.md) - [en](https://longbridge.com/en/news/286472294.md) - [zh-HK](https://longbridge.com/zh-HK/news/286472294.md) --- # Apollo economist warns U.S. debt limits recession defenses Debt at record high: Gross national debt has climbed to $39 trillion, with interest payments exceeding $3 billion a day and consuming over one-fifth of tax revenues. Deficit pace accelerates: The federal deficit reached $955 billion in seven months, projected to exceed $1.9 trillion in fiscal 2026, raising long-term fiscal sustainability concerns. Stimulus tools constrained: Sticky inflation and heavy borrowing needs may restrict the Fed’s rate-cutting power and limit Washington’s ability to boost spending in a recession. ### Related Stocks - [APO.US](https://longbridge.com/en/quote/APO.US.md) - [APO-A.US](https://longbridge.com/en/quote/APO-A.US.md) - [APOS.US](https://longbridge.com/en/quote/APOS.US.md) ## Related News & Research - [Apollo Funds Acquire Majority Stake in Noble Environmental, Inc.](https://longbridge.com/en/news/286097546.md) - [The AI trade has crushed everything in its path. Can it handle surging inflation?](https://longbridge.com/en/news/286236360.md) - [Only by abolishing the triple lock can we reverse Britain’s decline](https://longbridge.com/en/news/286649279.md) - [5 ripple effects of a $10K stimulus check for every American, explained by ChatGPT](https://longbridge.com/en/news/286673464.md) - [An inflation-fueled surge in bond yields is knocking stocks down from all-time highs](https://longbridge.com/en/news/286580430.md)