Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed ...
It's worth noting that while many Americans would have to save for years to afford a payment of $106,000, that amount would ...
Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.
The national debt continues to rise at a breakneck pace, with Americans bearing a greater and greater debt burden.
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
“Whether it was the Civil War, the Great Depression, World War II or the recent covid ... discount any new tax cut’s impact on the national debt by assuming for budget purposes that the ...
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
Donald Trump is used to managing debt. But not like this. As a real estate developer, Trump relied heavily on borrowed money to fund projects. Trouble paying back his debts contributed to six ...
America's national debt hit a new record in November when it eclipsed $36 trillion for the first time ever. It's a staggering amount that can not only effect U.S. economic growth but also essential ...
Since 1981, our political parties have been significantly increasing federal government debt. Based on Peter G. Peterson Foundation graphs, the annual interest on the 2023 debt required a ...
WASHINGTON—The national debt will reach 99.9% of gross domestic product later this year and surpass its post-World War II high as a share of the economy by 2029, the Congressional Budget Office ...