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The U.S. national debt ... is not the future any of us want, and it’s no way to run a great nation like ours." LARGE DEFICITS, HIGH INTEREST RATES MAKING FEDERAL DEBT LESS SUSTAINABLE The ...
It still holds true today, but with one exception — today, you'd have to use the word “trillion” in place of “billion.” Just ...
Growth in the national debt will be driven by budget deficits widening from about 6.2% of GDP in 2025 to 7.3% in 2055 – well above the 1995-2024 average of 3.9%. Federal spending will continue ...
The United States is hemorrhaging money—$4 billion every single day to be exact—just to pay the interest on its $33 trillion national debt. That’s $166 million an hour, $2.7 million every ...
The US Treasury Department has burned through cash at a historic rate in the last month - an alarming signal that may require lawmakers to intervene to prevent the country from defaulting on the ...