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PARKER: United States needs fixing at home to defend itself abroad

We're in this situation because of the massive increase in federal spending and the massive increase in federal borrowing to finance the spending

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In 2024, for the first time in almost a century, the United States spent more on financing its national debt than it did, as a percentage of gross domestic product (GDP), on national defence. In 2024, interest on our national debt expenditures came in at 3.1% of GDP and defence spending at 2.9%.

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