The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...
When a government spends more than it brings in as tax revenue, it issues debt in the form of government bonds to raise more. Learn how national debt works.
Let’s hope that Elon Musk is, indeed, a latter-day Grant, doggedly pursuing the spending that strangles our country, demanding the unconditional surrender of those who will somehow claim that ...
(The Center Square) – The Congressional Budget Office's most recent report delivered a grim outlook for federal finances, noting that public debt will rise from nearly $29 trillion to $52 ...
It’s projected to get even worse. A year ago, the U.S. national debt amounted to more than $33.8 trillion, according to Senate Republican Joint Economic Committee data. As of Dec. 24 ...
The United States ... federal debt under the debt limit for several months or risk a government shutdown — or worse yet, a default. The suspended debt limit was $31.4 trillion, a number ...
urging Congress “to act promptly to protect the full faith and credit of the United States.” The national debt currently stands at more than $36 trillion. With Republicans in control of both ...
The U.S. is playing Russian roulette by not addressing the national debt. We need to get our act together before it's too late.
Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full ... the national debt and salaries for members of the armed forces. If the United States ...
"The United States has built a dangerous mountain of debt quite simply because our political leaders are unwilling to do the hard work of governing responsibly and acting as fiscal stewards for ...
The United States ... federal debt under the debt limit for several months or risk a government shutdown — or worse yet, a default. The suspended debt limit was $31.4 trillion, a number ...