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The US Treasury Department is now accepting Venmo and PayPal payments from those who want to donate money to reduce the ...
By 2027, the U.S. is on track to set a debt-to-GDP record, according to the Congressional Budget Office, lawmakers’ nonpartisan bookkeeper.
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 ...
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 ...
Under current debt projections, economists cannot even model out a functioning long-term economy.
What Happened: In a post on X, Black argued that the U.S. debt-to-GDP ratio of 125%, following a $3.3 trillion increase from a recent tax and spending bill, namely the One Big Beautiful Bill Act ...
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 ...
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