"This is not the future any of us ... national debt follows a burst of spending by President Biden and Democratic lawmakers. As of September 2022, Biden had already approved roughly $4.8 ...
In fact, you’d have to go back to 1837 to find the last time the United States ... of U.S. debt, roughly $33 trillion, in ...
The United States government's cost of servicing its national debt surpassed the $1 trillion mark in 2023, according to data ...
The federal government of the United States has carried some level of debt every year since George Washington’s first term as ...
The government's soaring debt balance risks stoking inflation and lowering the quality of life for Americans, economists said ...
The International Monetary Fund sounded the alarm on the Biden administration’s rampant spending as “out of line with what is needed for long-term fiscal stability.” The latest forecast from ...
While the US national debt exceeds $34 trillion, it isn't necessarily a problem for investors. The US has more assets than liabilities, and much of its debt is domestically owned. US Treasuries ...
United States has said it wants to borrow a record US$ 3 trillion in the second quarter ... more spending on the country's skyrocketing national debt. The US borrows by selling government bonds.
Economist Peter Morici breaks down what the national debt is, why it ballooned to more than $34 trillion and what it ... "This is not the future any of us want, and it’s no way to run a great ...