The Gaza Conflict’s Hidden Toll on the U.S. National Debt and Default Risk
While the human tragedy in Gaza is paramount, the conflict has real, though indirect, consequences for the U.S. economy, specifically our massive $34 trillion national debt and even the once-unthinkable risk of default. Here’s how: Direct Spending Fuels the Debt: Billions in new U.S. military aid add directly to the federal budget deficit. This spending is financed by borrowing, […]