Fitch: US public debt to reach 122% of GDP by 2027

The economic situation in the United States remains unstable due to ongoing uncertainty driven by tariff policy and rising expenditures, particularly related to military operations against Iran. According to Fitch Ratings, the federal budget deficit is expected to remain at around 7.9% of GDP. Public debt is forecast to increase to 122% of GDP by the end of 2027. Fitch noted that the combination of high spending and external economic factors continues to place pressure on the country’s fiscal stability.