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Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our government to embrace ...
The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the next decade. If the current debt trajectory continues unabated, it could set ...
If any of the lenders that possess American debt decided to default upon it, that affects everything. In short, we’d be looking at an economic crisis on a global scale.
US debt reduction may become a drag, not a brag. Mike Dolan. March 25, 2025 11:00 AM UTC Updated March 25, 2025 ... Morgan Stanley chart on Q4 non-Federal government debt decline.