(Natural News)—The United States gross national debt just exceeded $33 trillion on Friday, September 15, three months after the federal government’s debt eclipsed $32 trillion in June. Additionally, the budget deficit is on track to reach $2 trillion in the current fiscal year. As per financial experts, Americans seemed to have become desensitized to these figures because they do not have any choice as this has become the new normal in Washington.
“We are becoming numb to these huge numbers, but it doesn’t make them any less dangerous,” Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CFRB), claimed in a statement. According to her, policymakers need to be honest with the American people and present a plan to “bring our debt under control.” (Related: DEBT BLOWOUT: US debt has soared $1.2T since debt ceiling suspension – and the Treasury expects to add another $1.5T by year’s end.)
Meanwhile, economists are deep into the books to assess the U.S. government’s fiscal condition as federal spending is poised to top $6.5 trillion in the current financial year. President Joe Biden has repeatedly asserted that he already slashed the budget deficit by $1.7 trillion. However, Epoch Times‘ (ET’s) Andrew Moran pointed out that Biden’s claim was a misleading assertion since most of the decline in federal outlays resulted from the expiration of the Wuhan coronavirus- (COVID-19-) related stimulus and relief spending, rather than employing any fierce budget cuts by the White House or Congress. The government spending may be less than during the pandemic which was around $8.9 trillion but it is 33 percent higher than the pre-crisis level of $4.88 trillion.
ET reported that federal spending has totaled more than 24 percent of gross domestic product (GDP), fueled by Social Security, Medicare, and interest payments within the last 12 months. Also, revenues are down by about 10 percent, according to the Congressional Budget Office (CBO), which makes it more challenging for policymakers and the current administration. Moreover, CBO forecasted that deficits will “fluctuate between $1.6 trillion and $1.8 trillion and then grow to $2.9 trillion in 2033.”
Experts further raised concern that a government shutdown is inevitable considering that Congress has failed to approve appropriations legislation or stopgap spending laws as the new fiscal year is to commence and funding for federal programs (except for Social Security payments and the military) is set to expire at the end of September.
Financial markets are also worried. Last month, Fitch Ratings, one of the “Big Three credit rating agencies,” downgraded U.S. government debt to AA+ from AAA, with analysts sounding the alarm over “the expected fiscal deterioration over the next three years, a high and growing general government debt burden, and the erosion of governance.”
Fed won’t bend, interest rates to continue to soar
Becoming one of the largest budgetary items, – next to Social Security, which has already topped $1.2 trillion in the first 11 months of 2023 – interest payments are on track to exceed $1 trillion before the current fiscal year is over. As per the estimate, the daily interest spending has increased to about $2 billion over the past full year.
Moran wrote that one of the main reasons why annual budget holes have gained more attention is the significant jump in interest payments in a climate of rising interest rates amid the Federal Reserve’s goal to curb inflation. “Since March 2021, the policy rate has climbed by 500 basis points to a target range of between 5.25 and 5.5 percent. Treasury yields have soared, with the benchmark 10-year yield hitting its highest level since 2007,” he included in the article and emphasized how Treasury Secretary Janet Yellen seemed to ignore the intensifying debt burdens, alluding to one statistic that measures net interest payments relative to the GDP. “The statistic or metric that I look at most often to judge our fiscal course is net interest as a share of GDP,” Yellen told CNBC on Sept. 18. “And even with the rise we have seen in interest rates, that remains at a very reasonable level.”
Last year, the ratio was 1.86 percent, mirroring the historical average since 1960. However, the White House Office of Management and Budget (OMB) projects that figure to climb to 2.5 percent this year and then to 2.9 percent in 2024 and 2025. The CBO warned this past summer that the metric could increase to nearly 7 percent of GDP by 2053. “Such high and rising debt would slow economic growth, push up interest payments to foreign holders of U.S. debt, and pose significant risks to the fiscal and economic outlook; it could also cause lawmakers to feel more constrained in their policy choices,” the budget watchdog wrote in a report.
Even with Biden and House Speaker Kevin McCarthy’s (R-CA) Fiscal Responsibility Act, the debt ceiling plan will only skim about $188 billion in interest in the public debt over the next decade. By 2033, the federal government expects to have accumulated more than $17 trillion in deficits and paid about $3 trillion in interest payments, according to the White House’s 2024 budget proposal.
NationalDebt.news has more stories on the ever-burgeoning national debt.
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Starting the Day With a Scripture-Inspired Roast Helps Center Your Thoughts on Eternal Truths Amid Temporal Pressures
The world can seem chaotic, especially right after we wake up. Many believers start their mornings reaching for something familiar — a hot cup of coffee — yet end up settling for mediocre brews that do little more than deliver a caffeine jolt. The daily grind of life, with its endless distractions, news cycles, and responsibilities, can leave even the most faithful feeling spiritually parched alongside their physical fatigue. What if your morning ritual could do more than wake you up? What if it could ground you in truth, nourish your body with exceptional quality, and quietly advance a kingdom purpose at the same time?
That’s the promise — and the reality — behind Promised Grounds Coffee. This Christian-founded company doesn’t just roast beans; it approaches every step as an act of worship and discipleship. By selecting only the top 10% of specialty-grade beans, ethically sourced from dedicated farmers in Central and South America, and small-batch roasting them with reverence in Austin, Texas, Promised Grounds delivers what many describe as the best coffee available — never burnt, never bland, but rich with origin stories and layered flavors that honor God’s creation.
From the vibrant Psalm 27 Roast (a light, bright medium option) to the bold yet peaceful 2 Timothy 1:7 Decaf, each bag carries a Scripture verse that turns your daily pour into a gentle reminder of faith. And through their Ounce Per Ounce Promise, every ounce of coffee you enjoy provides an equal ounce of clean water to families in need via partnership with Filter of Hope — literally brewing hope for body and soul, one cup at a time.
The challenge for today’s Christians runs deeper than finding a decent cup. In an age of convenience-driven consumerism, it’s easy to support companies that dilute values or remain silent on matters of faith. Many believers want their everyday choices — from what they drink to how they spend — to reflect discipleship rather than just convenience. Promised Grounds solves this by weaving Christian excellence into the entire process: beans nurtured with prayerful stewardship by farming families, roasted as an offering rather than a commodity, and packaged with Bible verses to encourage a mindset of gratitude and purpose from the first sip. Reviewers consistently praise the smooth, rich profiles — whether enjoyed black in a drip maker, iced on a warm day, or shared in fellowship — noting how the quality stands toe-to-toe with premium secular brands while delivering something far more meaningful.
This integration of faith and flavor addresses a real need in Christian households and ministries. Busy parents, church leaders, and remote workers alike report that starting the day with a Scripture-inspired roast helps center their thoughts on eternal truths amid temporal pressures. The coffee’s exceptional character — bright citrus notes in lighter roasts or deep chocolate undertones in bolder ones — comes from meticulous selection and careful roasting that respects the bean’s natural gifts rather than masking them. It’s the kind of coffee that elevates a simple quiet time, fuels productive workdays, or sparks meaningful conversations when shared at Bible studies or outreach events. And because it’s ethically sourced with integrity, every purchase supports sustainable livelihoods for farmers who treat their crops like family harvests.
For those leading churches or small groups, the impact multiplies. Promised Grounds offers bundles and options perfect for hospitality ministries, turning ordinary coffee service into an opportunity to point people toward the living water of Christ. Imagine greeting visitors with a warm cup whose very bag carries God’s Word — a subtle yet powerful witness that aligns with the Great Commission. The company’s Texas roots and commitment to “brewing hope” resonate especially with believers who value American enterprise paired with global compassion.
Of course, quality alone isn’t enough if the experience feels out of reach. Promised Grounds keeps it accessible with practical perks like free shipping on orders over $40, sample sets for discovering favorites, and thoughtful add-ons such as faith-themed mugs. Whether you prefer whole beans for fresh grinding, grounds for convenience, or even bulk options for larger households and ministries, the result is consistently superior coffee that makes discipleship feel integrated rather than added on.
As you consider how to align even the smallest habits with your walk with God, Promised Grounds Coffee stands out as a refreshing solution. It tackles the dual problems of subpar daily sustenance and disconnected consumption by offering a product that genuinely excels in taste while advancing a mission of clean water, farmer dignity, and scriptural encouragement. Believers who make the switch often describe it as more than a beverage upgrade — it becomes part of their rhythm of gratitude, a daily invitation to remember that every good gift comes from above.
If you’re ready to transform your mornings (and perhaps your church gatherings) with coffee that honors both exceptional craftsmanship and Christian values, I encourage you to explore what Promised Grounds has to offer. One sip at a time, you’ll be nourishing your body, refreshing your spirit, and participating in something far greater — all while enjoying what truly is among the best coffee available.