{"id":4673,"date":"2025-10-23T05:20:46","date_gmt":"2025-10-23T05:20:46","guid":{"rendered":"https:\/\/eandelmagazine.com\/eandelmagazine\/?p=4673"},"modified":"2025-10-23T05:20:46","modified_gmt":"2025-10-23T05:20:46","slug":"americas-debt-comes-due-to-38-trillion-worsened-by-washingtons-shutdown","status":"publish","type":"post","link":"https:\/\/eandelmagazine.com\/eandelmagazine\/americas-debt-comes-due-to-38-trillion-worsened-by-washingtons-shutdown\/","title":{"rendered":"America\u2019s Debt Comes Due to $38 trillion, Worsened by Washington\u2019s Shutdown"},"content":{"rendered":"<p><em>The US national debt has crossed an unsettling new threshold of $38 trillion, just as Washington grinded to a halt in yet another government shutdown. Economists warns that the timing is a snapshot of a government being unable to govern, a family being unable to balance its checkbook and a nation seemingly numb to the scale of its own fiscal peril.<\/em><\/p>\n<p>To the millions of American families, the recent shutdown is already hitting home. Federal workers are once again bracing for missed paychecks, agencies are shuttering and the ripple effects, from delayed benefits to suspended research grants, threaten to slow an already delicate economy. The US Treasury Department confirmed this week that the gross national debt has surged past $38 trillion, growing at nearly twice the pace seen since the early 2000s. Most people see this instance as a failure of leadership. And assumed that reaching this milestone during a shutdown, shows how seriously broken the US fiscal process has become.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone  wp-image-4676\" src=\"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/IMG_2735-300x200.png\" alt=\"\" width=\"1470\" height=\"980\" srcset=\"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/IMG_2735-300x200.png 300w, https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/IMG_2735-1024x682.png 1024w, https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/IMG_2735-768x512.png 768w, https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/IMG_2735-1536x1024.png 1536w, https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/IMG_2735-2048x1365.png 2048w, https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/IMG_2735-360x240.png 360w, https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/IMG_2735-600x400.png 600w, https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/IMG_2735-800x533.png 800w\" sizes=\"(max-width: 1470px) 100vw, 1470px\" \/><\/p>\n<p>Miscalculated government shutdowns, often birth a show of history, which comes with their own price tags. The 2013 impasse cost an estimated $2 billion in lost productivity, while the 2018 -2019 shutdown, which is the longest in history, drained roughly $11 billion from the economy. Each episode leaves scars not just on markets, but on public trust.<\/p>\n<p>Those scars are expanding. A recent survey by Peterson Foundation found that 81% of voters now view the national debt as a serious concern. Economists warn that ballooning interest payments, projected to triple from $4 trillion over the past decade to $14 trillion in the next period, will becrowd both public programs and private investment. A chief global strategist at J.P. Morgan Asset Management &#8211; David Kelly stated that <em>\u201cthe danger is not mere economics,<\/em> <em>psychological<\/em>. <em>As debt mounts, investor confidence erodes. The more dysfunctional the process looks, the more delicate the world\u2019s faith in US stability becomes.\u201d<\/em><\/p>\n<p><img decoding=\"async\" class=\"alignnone  wp-image-4674\" src=\"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/hq720-300x169.jpg\" alt=\"\" width=\"1475\" height=\"831\" srcset=\"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/hq720-300x169.jpg 300w, https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/hq720.jpg 686w\" sizes=\"(max-width: 1475px) 100vw, 1475px\" \/><\/p>\n<p>Credit rating agencies have taken notice. Moody\u2019s, Standard &amp; Poor\u2019s and Fitch have all downgraded the US credit rating in recent years, citing fiscal brinkmanship and the lack of a long-term plan.<\/p>\n<p>Meanwhile, voices like Maya MacGuineas of the Committee for a Responsible Federal Budget warn of a more subtle crisis is brewing in a public growing desensitized attention to dysfunctionality. <em>\u201cWe\u2019ve stopped being shocked\u201d <\/em>she said. <em>\u201cWe\u2019ve normalized shutdowns, delays, and trillion-dollar deficits while ignoring the slow unraveling of vital programs like Social Security and Medicare\u201d<\/em>.<\/p>\n<p>In the meantime that the shutdown is dragging on, the debt clock keeps ticking and Washington remains gridlocked. This is a portrait of America\u2019s uneasy relationship with its own prosperity. What was once a warning light has become background noise, blinking red in a capital that has stopped looking up.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US national debt has crossed an unsettling new threshold of $38 trillion, just as&#8230;<\/p>\n","protected":false},"author":2,"featured_media":4675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42,129],"tags":[],"class_list":["post-4673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-america","category-global"],"featured_image_urls":{"full":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump.png",2298,1472,false],"thumbnail":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-150x150.png",150,150,true],"medium":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-300x192.png",300,192,true],"medium_large":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-768x492.png",640,410,true],"large":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-1024x656.png",640,410,true],"1536x1536":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-1536x984.png",1536,984,true],"2048x2048":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-2048x1312.png",2048,1312,true],"wpucv-grid-three":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-360x240.png",360,240,true],"wpucv-grid-two":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-600x400.png",600,400,true],"wpucv-grid-one":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-800x533.png",800,533,true],"wpucv-classic":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-320x170.png",320,170,true],"wpucv-classic-small":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-150x110.png",150,110,true],"wpucv-galary":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-400x400.png",400,400,true],"covernews-slider-full":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-1115x715.png",1115,715,true],"covernews-slider-center":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-800x500.png",800,500,true],"covernews-featured":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-1024x656.png",1024,656,true],"covernews-medium":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-540x340.png",540,340,true],"covernews-medium-square":["https:\/\/eandelmagazine.com\/eandelmagazine\/wp-content\/uploads\/2025\/10\/usdebttrump-400x250.png",400,250,true]},"author_info":{"info":["Saint Rich"]},"category_info":"<a href=\"https:\/\/eandelmagazine.com\/eandelmagazine\/category\/america\/\" rel=\"category tag\">America<\/a> <a href=\"https:\/\/eandelmagazine.com\/eandelmagazine\/category\/global\/\" rel=\"category tag\">Global<\/a>","tag_info":"Global","comment_count":"0","_links":{"self":[{"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/posts\/4673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/comments?post=4673"}],"version-history":[{"count":1,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/posts\/4673\/revisions"}],"predecessor-version":[{"id":4677,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/posts\/4673\/revisions\/4677"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/media\/4675"}],"wp:attachment":[{"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/media?parent=4673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/categories?post=4673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eandelmagazine.com\/eandelmagazine\/wp-json\/wp\/v2\/tags?post=4673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}