Browsing: government debt
Next generation of senators inherits a national debt time bomb: Social Security’s insolvency
The Committee for a Responsible Federal Budget (CRFB) has a ticker on its website: The Retirement Trust Fund Countdown. At…
The Congressional Budget Office’s latest monthly budget says the U.S. government operated at a deficit of $1.17 trillion for the…
The U.S. spends $88B a month in interest on national debt, equal to defense and education spending
The problem with an increasing debt burden is that it costs more to maintain it: This is precisely the issue…
What this borrowing (and its related interest payments) will ultimately mean for the economy remains to be seen: Theories range…
The U.S.’s eye-watering debt burden poses an “existential threat to the future of our nation,” the chairman of the House…
CBO: Treasury may need to borrow extra $1.6 trillion to cover the hole left by tariff ruling
When the Supreme Court ruled late last month that the majority of tariffs implemented by the second Trump administration in…
At the outset of any escalation in geopolitical conflict, the humanitarian cost of military action will be the first question…
Why Ray Dalio, Scott Bessent and others are rallying around a ‘3% solution’ to the national debt
These days Republicans and Democrats can’t seem to agree on, well, anything. But suddenly, a bi-partisan consensus is building in…
Caring for an entire population is expensive—caring for an aging population even more so. This is the conundrum facing the…
While it might appear that the most significant updates about the global economy are currently coming from a small town…












