It was raised to about $31.4 trillion—a limit that has now been raised and exceeded with the legislation of June 2023. As of August 2024, the U.S. national debt stands at over $35 trillion.
Fiscal hawks warn that deficits produce higher inflation rates and higher interest rates that harm the poor the most.
A closer look at the U.S. government's $36 trillion debt — some of which is "intergovernmental," meaning money the government ...
In DOGE's first few weeks of existence, reports indicate that its staff appears to be ignoring basic cybersecurity principles ...
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Each party laments the national debt in campaign ads and press conferences. Some members of Congress suggest cutting programs ...
The fate of President Donald Trump’s ambitious economic policy plans will be determined by the people he appoints to critical positions. With a debt of over $36 trillion (heading toward $59 trillion ...
The fate of President Donald Trump’s ambitious economic policy plans will be determined by the people he appoints to critical ...
Democrats are still trying to find their footing under the new administration, with some anti-Trump demonstrators urging them ...
When Trump slashed corporate taxes from 35% to 21% in 2017, corporate spending rose but not enough to make up for government ...
The US doesn't run a surplus like most sovereign wealth funds. But Trump's order refers to trillions in existing assets.
It’s gutsy, at least. President Trump has warned Americans that his new tariffs on imports will cause “some pain ” in the form of higher prices, swooning stock values, and economic uncertainty.
In recognition of its cutting-edge contributions in the area of cybersecurity, the National Security Agency has designated ...
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