And even worse, the national debt crisis remains the much larger threat to the boat’s integrity. The U.S. national debt is now 122 percent of our $28.6 trillion GDP. If left unaddressed ...

Most economic textbooks will tell you that there can be real dangers in running up a big national debt. A major concern is how the debt you add now could slow down economic growth in the future.

If Congress doesn’t curtail its spending or the American people fail to take a stand against it, the national ... of Debt,” when government debt exceeds 85% of GDP, it becomes a drag on ...

"Rising debt will continue to put upward pressure on interest rates," the Committee for a Responsible Federal Budget (CRFB), a nonpartisan group that advocates for lowering the national deficit ...

Recently, the U.S. Treasury Department issued a report showing that, for the first time in history, the U.S. national debt ... impact of this debt becomes a significant drag on an economy).

The national debt hit $36 trillion—less than four months after surpassing the $35 trillion mark. There is plenty of blame for this mess. Yes, former President Donald Trump added $8 trillion to ...

the national debt ballooned from an already hefty 103% of GDP in 2019 to 120% currently. Left unchecked, the deficit will continue to creep higher and could drag GDP growth. Too much government ...

The national debt is, well, monumental. Currently, it’s north of $34 trillion. There are all kinds of ideas for shrinking the government’s annual budget shortfall and minimizing its impact on ...

Today the U.S. national debt is over $35 trillion, representing $104,303 for every American citizen. The debt grows by about $4.5 million every minute. The interest alone costs $2.4 billion a day.

Billionaire banking executive Jamie Dimon said he supports soaking the rich in order to pay down the national debt. The CEO of ... a rising tide would lift all boats, but the rising tide has ...

A 2010 economics paper suggested that there was a red line for national debt levels beyond which economic growth would suffer. That theory has since come under fire. According to the Treasury ...