Browsing: national debt
The deficit just grew by $955 billion in 7 months. It’s time for a constitutional fix to control the budget
The U.S. government is technically insolvent, with its liabilities far exceeding its assets, and its financial condition is deteriorating with each…
‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
The national debt is set to reach $40 trillion in the near future if it continues to grow at its…
The government must issue more debt than expected on weak cash flow — ‘the bond market is shouting’
The Treasury Department announced this week that it expects to borrow more than anticipated in the current quarter as incoming…
The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the fiscal year, according to…
AI could solve America’s $39 trillion debt crisis—but only if U.S. abandons displaced workers: Yale
The big bet on AI—the near-trillion dollars that hyperscalers are spending to build out the technology’s infrastructure—is predicated on the…
US debt exceeds GDP for first time since WW II as Fitch warns credit rating could fall further
The U.S. is now unmatched in a regrettable category. Among rich and spend-happy nations that are globally seen as safe…
Interest on US debt is a top driver of future deficits, as past borrowing overwhelms fiscal outlook
U.S. debt is expected to continue soaring in the coming decades not because of excesses committed by future lawmakers, although…
‘Cut up the credit cards:’ Members of Congress call for action after US debt surpasses GDP
The value of debt held by the public has officially surpassed the size of the U.S. economy, and members of…
The national debt is the same size as the economy. It’s a ‘disturbing warning and a call to action,’ watchdog says
Six months before Election Day, America’s $39 trillion national debt has moved from an abstract fiscal concern to a dinner-table…
‘The national debt is now larger than the economy’: Watchdog marks milestone for $39 trillion burden
The United States has crossed a grim threshold: the national debt now exceeds the size of the entire American economy.…












