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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 ...
The U.S. national ... debt because when the government spends more than it brings in, it has to borrow money. It does this by issuing bonds and Treasury securities, which other countries buy to ...
The national debt is now $36 trillion, and the portion held by the public is about 100% of GDP. The ever-worsening debt outlook led Fitch to downgrade the US credit rating from AAA to AA+.
Spending cuts have to be made and, yes, many are painful, but finally we have a courageous president and people around him trying to save America.
Moody's said that the U.S. government's fiscal strength is deteriorating due to widening budget deficits and a growing national debt, a trend which is expected to continue.
The nonpartisan Congressional Budget Office (CBO) recently released its long-term budget outlook and showed that budget deficits are on track to widen in the years ahead, pushing the national debt ...
NEW YORK, January 19. /TASS/. Raising the ceiling of the United States national debt will affect the long-term growth of the country's economy and its ability to finance government programs in the ...
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 ...
(The Hill) – The federal government could default on its debt as soon as July ... without risking the full faith and credit of the United States. Policymakers must commit to responsible ...
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 ...