{"id":114906,"date":"2024-12-04T10:42:29","date_gmt":"2024-12-04T06:42:29","guid":{"rendered":"https:\/\/abcmedia.am\/?p=114906"},"modified":"2024-12-04T11:28:55","modified_gmt":"2024-12-04T07:28:55","slug":"musk-the-us-is-rapidly-moving-towards-actual-bankruptcy","status":"publish","type":"post","link":"https:\/\/abcmedia.am\/en\/politics\/114906\/","title":{"rendered":"Musk: The US is rapidly moving towards actual bankruptcy"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><p>The U.S. is rapidly moving toward actual bankruptcy, American billionaire Elon Musk said in an <a href=\"https:\/\/belta.by\/world\/view\/mask-ssha-v-skorom-vremeni-zhdet-bankrotstvo-680118-2024\/\" target=\"_blank\" rel=\"noopener\">X post<\/a>.<\/p>\n<p>It is expected that Musk, along with businessman Vivek Ramaswamy, will head a new Department of Government Efficiency (DOGE) under the Trump administration.<\/p>\n<p>On Nov. 15, the U.S. national debt exceeded $36 trillion for the first time in history. According to the U.S. Congressional Budget Office&rsquo;s forecasts, the national debt is expected to surpass $50 trillion by 2034, which would be 122% of GDP. Government estimates project an average annual GDP growth of 1.8% from 2029 to 2034.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. is rapidly moving toward actual bankruptcy, American billionaire Elon Musk said in an X post. It is expected that Musk, along with businessman Vivek Ramaswamy, will head a new Department of Government Efficiency (DOGE) under the Trump administration. On Nov. 15, the U.S. national debt exceeded $36 trillion for the first time in [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":114883,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[35,43,98,57],"tags":[],"class_list":["post-114906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","category-world","category-other-en","category-top-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/114906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/comments?post=114906"}],"version-history":[{"count":0,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/114906\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media\/114883"}],"wp:attachment":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media?parent=114906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/categories?post=114906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/tags?post=114906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}