US Treasury bonds are widely held by governments, financial institutions, and investors worldwide, serving as a critical ...
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 ...
Like a canoe heading for a waterfall, the United States government simply can ... Each party laments the national debt in campaign ads and press conferences. Some members of Congress suggest ...
The United States has the highest national debt in the world by amount ... USDebtClock.org. “World Debt Clocks.” International Monetary Fund. “IMF DataMapper: Japan.” ...
If you feel your credit card bill is bad, you should see the amount of federal debt the United States holds. The rapidly growing deficit seems to indicate between what the government spends, ...
President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...
To put in perspective how out of whack the budget is, let’s look at it as though the United States ... on the national credit card while already having $564,897 in outstanding debt.
Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.
Republicans bet on the economy growing faster than reasonable to cover plans that could reignite inflation, rising interest ...
(Read the BusinessMirror story: “PHL debt climbed to P16.051 trillion in 2024, or 60.7% of GDP,” February 5, 2025). The national debt has been fueled primarily by two factors: net issuances of ...