**JPMorgan CEO Warns on U.S. Debt Surge**

JPMorgan Chase CEO Jamie Dimon has raised alarms over the rapid increase in U.S. national debt, which has soared by $582 billion since January. Speaking with Sky News, Dimon highlighted that the U.S. economy's recent growth has been heavily debt-driven. He cautioned that if the debt-to-GDP ratio remains uncontrolled, it could pose significant challenges. As of May 14, U.S. debt interest payments have surpassed spending on defense and Medicare. The federal deficit for fiscal year 2024 is projected to exceed $855 billion. #USDebt #Economy #JamieDimon