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Range reports AI-driven productivity gains could help combat America's rising debt crisis by boosting GDP, increasing tax ...
Gross domestic product, the broadest measure of the economy, grew by an annual rate of 3.0% in Q2, adjusted for inflation. Click to read.
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.
In the Treasury forecast, the U.S. debt-to-GDP ratio is projected to increase to over 200% in 2050 compared to the CBO’s estimate of around 145%.
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).