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Vice President JD Vance cast the decisive tie-breaking vote in the Senate to pass the One Big Beautiful Bill. With the Senate ...
Well, as we look at today's chart of the day, it effectively measures the debt to GDP ratio, both historically and projected in the future. It comes to us via Deutsche Bank and Jim Reed over there ...
History supports Moody’s assessment that “successive US administrations and Congress have failed to agree on measures to ...
US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels. Jason Ma. Updated March 22, 2025 at 1:17 PM.
ISTANBUL . The US Congressional Budget Office (CBO) has projected that the US public debt to gross domestic product (GDP) ratio will reach 156% by 2055, according to a report released Thursday.
Key Takeaways. Hawaii is the most indebted state, with government debt at $13,681.67 per capita. The total state debt balance of $19.7 billion represents 19.49% of the state’s GDP.
The national debt already exceeds $36 trillion and is growing at historic rates. That has cascading consequences for the government and economy.
US Public Debt On Track To Reach 156% Of GDP By 2055 Federal debt held by the public, as a share of gross domestic product (GDP), is projected to reach 107% by 2029. This would eclipse the ...
There’s a vast gap between what serious budget analysts foresee and what Trump and his advisers claim. America's publicly held federal debt is now about 100% of GDP, compared with a median of ...
Why, and how, the US should fix its debt problem. Skip to main content. ... The most commonly cited metric has the debt load nearing 100 percent of US GDP, ... As you can see in the above chart, ...
Total US government debt held by the public is projected to reach 107 per cent of GDP by 2029, exceeding the 106 per cent record set in 1946, just after the end of World War II.