US Debt Soars Past $33 Trillion, Adding $17B Per Day Amid Rising Rates and Growth Concerns
- Total US debt increased by $106 billion in one week, reaching $33.6 trillion overall
- US is adding about $17.7 billion in debt per day
- Rockefeller Capital CEO concerned about rising debt burden and impact on growth
- Interest payments projected to exceed military spending by 2027
- Higher rates adding fiscal headwinds along with monetary tightening
