America’s debt will be more than 100% of U.S. gross domestic product by later this year, the Congressional Budget Office ...
The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.
The government hit the debt ceiling back in January which blocked any net new debt from being created from January to June.
America's borrowing machine is running hotter than at any point in recent memory, and the cost of keeping it going is starting to bite. With federal debt climbing into the tens of trillions and ...
America's national debt has climbed into territory that would have seemed unthinkable a generation ago, and it is now a central fault line in debates over taxes, spending, and economic security. To ...
U.S. national debt has surged past $38 trillion, outpacing GDP growth and raising systemic financial risks. Fed and Treasury bond buybacks are temporary measures, failing to address the underlying ...