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AI could boost U.S. fiscal stability by driving GDP growth, enhancing productivity, and reducing inflation pressures. Learn ...
For the second time in three years - and straddling two separate presidencies - heightened U.S. fears of recession have ...
The AS global debt chartbook is my attempt at presenting an overview of global debt levels and an easy way to compare them ...
The all-time high debt-to-GDP mark came after World War II, during a rapid economic expansion. By 2027, the U.S. is on track to set a debt-to-GDP record, according to the Congressional Budget ...
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 ...
Under current debt projections, economists cannot even model out a functioning long-term economy.
This chart gets to the heart of the matter. As shown below, the U.S. national debt has increased substantially, and so has the level of debt in relation to the country's gross domestic product (GDP).
The federal government is taking on record amounts of debt year after year. The U.S. owes lenders more than $36 trillion. That is close to an all-time high when comparing the debt to the country ...