The rapid climb didn’t happen overnight. Interest costs have surged due to a one-two punch: the federal debt load has ballooned by trillions, while interest rates climbed sharply from near-zero post-pandemic lows. As a share of the economy, interest costs have doubled from 1.6% of GDP in 2021 to a record 3.2% in 2025. Today, the government already spends more on debt interest than on Medicaid or the entire national defense budget, programs Americans viscerally feel and politically fight over. Yet the interest line item draws comparatively little outrage.
而自 2023 年 3 月发布文心大模型以来，百度又在 2025 年 11 月宣布，又在 AI 领域已累计投资远超 1000 亿元人民币。
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As Nepal heads into its most gripping election in years, at the forefront stands Balendra Shah, the 35-year-old known simply as Balen. He rose to fame as a popular rapper whose songs criticised the ruling elite, before pivoting to politics and winning a resounding victory to become the mayor of Kathmandu in May 2022.