America faces a debt wall. Towering at $38 trillion, our national debt is now 25% larger than the entire economy. It’s slated to grow by at least $1.8 trillion this year alone, possibly by more if the ...
The president-elect is hoping to avoid “extraordinary measures” that would push a deadline to default on the U.S.’s debt during the early months of his administration.
In contrast, a high national debt simply reflects that the government has issued a lot of currency that the public and ...
WASHINGTON -- While the concept of the debt ceiling might seem "in the weeds," it actually poses a very real threat to millions of Americans in a precarious economic period. If lawmakers on Capitol ...
WASHINGTON, D.C. — Congress is taking action Thursday to avert a government shutdown. However, lawmakers are doing so by not addressing the debt ceiling. Treasury Secretary Janet Yellen has said if ...
America's debt has the potential not only to destabilize the economy, but to drive democracy even closer to the edge.
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