Bell Mercantile, a specialist provider of professional international debt collection services in Australia, has issued an in-depth advisory outlining the full ...
US risks defaulting its debts, which could set off 'cataclysmic' situation for economy, analysts say
A mild recession, analysts say, would likely be the best-case scenario in the event of the US government defaulting on its debts. WASHINGTON -- The fight over raising the nation's borrowing limit ...
WASHINGTON (AP) — The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on ...
The US government's national debt is now more than $37 trillion, according to a report from the Treasury Department released on Tuesday. The record debt was reached years sooner than pre-pandemic ...
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