National debt is one of the only things Republican and Democrat voters are equally concerned about | Fortune

"A poll from the Pew Research Center published Monday asked more than 5,000 Americans whether they considered specific issues a “very big problem” for the country. When asked about the federal deficit, 66% of Democrats and 62% of Republicans agreed, a more aligned view than Americans had on healthcare costs, inflation, or jobs."

"The rare convergence in opinion comes as the nation's debt has climbed to record levels and many nonpartisan fiscal monitors warn of growing fiscal strain. In March, the national debt exceeded $39 trillion, a mere five months after hitting $38 trillion."

"Watchdogs and budget experts warn the deficit's current track is unsustainable, in no small part due to the tens of billions the government is spending on interest to service its debt every single week. The heavy burden risks eventually crowding out the federal government's ability to keep programs such as Social Security and Medicare funded."

"Rising federal debt will affect Americans across the political spectrum by reshaping economic conditions that touch everyday life. By having to spend more to service its obligations, there is less fiscal room for the government to invest in roads, schools, public health, and research."

A growing federal deficit has become one of the few issues where Americans of different political parties show strong agreement. A Pew Research Center poll of more than 5,000 Americans found that 66% of Democrats and 62% of Republicans consider the federal deficit a very big problem. The national debt has climbed to record levels, exceeding $39 trillion after reaching $38 trillion only five months earlier. Budget experts and watchdogs warn the current deficit path is unsustainable, driven in part by tens of billions spent weekly on interest payments. They warn that rising interest costs could crowd out funding for programs such as Social Security and Medicare and reduce government capacity for investments in roads, schools, public health, and research, while also discouraging international investment.

Read at Fortune