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US NATIONAL DEBT TOPS $34T FOR FIRST TIME IN HISTORY ... is that the new interest rate environment could accelerate the timeline for reaching a ‘tipping point’ where GDP growth is persistently ...
Senator Rand Paul said on Sunday that he will not support President Trump’s flagship domestic legislation unless a ...
In its current form, the budget legislation moving through Congress would exacerbate the fiscal challenges we face.
The Republican-controlled House of Representatives is moving forward with plans to raise the national debt ceiling by $4 trillion.
Candidates Joe Biden and Donald Trump have added trillions to the national debt during their recent presidential administrations, leaving America at a critical juncture that demands urgent ...
Having debt is important in times of crises, but if investors think it’s too risky to lend money to a country, interest rates can go up.
Now, the Congressional Budget Office (CBO) demonstrates that a difficult culprit will make you feel poorer over the next few decades: The nearly $35 trillion (and growing) national debt.
As lawmakers grapple with increasing defense demands and spending on social safety net programs, the Congressional Budget Office projected Tuesday that the federal debt will equal 122 percent of ...
As the national debt soars toward a new and worrisome record, neither President Biden nor former president Donald Trump is likely to bring the tide of red ink under control, experts say.