A ticking clock in Washington to avert default by raising the nation's borrowing limit is drawing attention to the $31.4 trillion debt already accrued by the United States government. The country ...
The United States government's cost of servicing its national debt surpassed the $1 trillion mark in 2023, according to data ...
WASHINGTON, September 19. /TASS/. The United States national debt exceeded $33 trillion for the first time, according to the information released by the US Department of the Treasury. This is a ...
The International Monetary Fund (IMF) warned Tuesday that America’s recent economic performance is partially the result of ...
The Biden administration?s fiscal policy is a cause for concern, according to a report The International Monetary Fund (IMF) ...
United States President Joe Biden and House Republican speaker Kevin McCarthy have tentatively agreed a deal to raise the federal government’s $31.4 trillion debt ceiling. However, as McCarthy ...
As of April 2023, the U.S. national debt has reached a record high of more than $31.5 trillion. Clearly, the government's increasing debt is not a new trend. To see how it got to this point ...
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress. The International Monetary Fund sounded ...
The federal government was once again teetering on the brink of default this summer, leading to headlines buzzing about the debt ceiling. But you might be wondering what the debt ceiling actually ...
The debt ceiling is the self-imposed limit on how much outstanding debt the U.S. government can carry at any given time. Just like individuals and businesses, governments often borrow money to ...
Tax Notes contributing editors Robert Goulder and Joseph J. Thorndike examine the looming debt ceiling crisis and its likely effect on the IRS’s budget, all in five minutes. This transcript has ...