<div id="readability-page-1">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.</div>

<p>阿波羅經濟學家警告稱，由於創紀錄的高債務，美國面臨重大衰退風險，債務已達到 39 萬億美元。每日利息支付超過 30 億美元，消耗了超過 20% 的税收收入。聯邦赤字在短短七個月內加速至 9550 億美元，預計到 2026 財年將超過 1.9 萬億美元，這引發了對長期財政可持續性的擔憂。此外，持續的通貨膨脹和高額借款需求可能限制聯邦儲備委員會在衰退期間降息和限制政府支出的能力</p>

Apollo Global 的經濟學家警告稱，美國的債務限制削弱了應對經濟衰退的防禦能力