Taxpayer group urges Trump, Congress to confront rising federal debt

A national taxpayer advocacy group is calling on President Donald Trump and Congress to address the nation’s rising debt, warning that interest payments and long-term spending commitments are putting increasing pressure on the federal budget.

The warning comes after the Congressional Budget Office projected that federal debt held by the public will reach 120% of gross domestic product by 2036. The CBO estimates the federal government will borrow $26 trillion between late 2025 and 2036, pushing public debt to $56 trillion.

Debt currently stands at roughly 101% of GDP and is projected to climb steadily over the next decade.

National Taxpayers Union President Pete Sepp said in a Friday ...