U.S. Debt on Pace to Top $56 Trillion Over Next 10 Years

The U.S. Capitol in Washington, on June 3, 2024. Congressional Budget Office projections released on Tuesday, June 18, 2024, show a grim fiscal backdrop ahead of tax and debt limit fights. (Tom Brenner/The New York Times/File)

WASHINGTON — The United States is on pace to add trillions of dollars to its national debt over the next decade, borrowing money more quickly than previously expected, at a time when big legislative fights loom over taxes and spending.