{"id":2562,"date":"2024-12-29T21:32:00","date_gmt":"2024-12-29T18:32:00","guid":{"rendered":"https:\/\/factcheck.lt\/?p=2562"},"modified":"2025-01-12T22:34:05","modified_gmt":"2025-01-12T19:34:05","slug":"","status":"publish","type":"post","link":"https:\/\/factcheck.lt\/eng\/news\/us_debt\/","title":{"rendered":"Fact Check: Is the US at risk of default and collapse of the state system due to record national debt?","raw":"Fact Check: Is the US at risk of default and collapse of the state system due to record national debt?"},"content":{"rendered":"

On December 28, 2024, the CTVBY channel aired a piece with a clickbait headline: “Dismal Forecasts for the USA! National Debt Hits Record Highs,” which quickly garnered over half a million views. The video discussed:<\/p>\n

The United States may face bankruptcy against the backdrop of a budget crisis. If the situation with the national debt does not change drastically, a default on external loans is imminent for Washington in the near future. It was previously reported that the U.S. debt obligations have, for the first time in history, exceeded 36 trillion dollars. However, despite the dire nature of the situation, further forecasts are even more disheartening and could ultimately bury the entire American government apparatus. After all, if the lack of funding for the federal government and the shutdown led to widespread disruptions in the functioning of agencies, a technical default could result in a complete halt of the U.S. government system.<\/p><\/blockquote>\n

Our verdict based on the conducted analyses:<\/p>\n

\n

Verdict: Incorrect<\/h2>\n

\"\"Reasons:<\/p>\n