The US House of Representatives has passed H.Con.Res.14, the federal budget framework for fiscal year 2025, which includes the following core elements: 1. Continue to run a deficit, with an expected loss of $936.2 billion by 2025 and a projected federal debt of over $50 trillion by 2034. 2. Net interest expenses are increasing year by year, and by 2034, individual expenses will reach approximately $1.53 trillion. three