Welcome to "the new norm": interest payments over $1 trillion every year from here on out, to service the large and growing national debt.
The U.S. national debt surpassed $38 trillion on Wednesday, reaching its fastest-ever $1 trillion increase outside the COVID-19 pandemic. The American national debt hit $1 trillion in 1981, $2 ...
"The federal budget is out of control, and we face runaway deficits of almost $80 billion for this budget year that ends September 30th," he said. "The deficit is larger than the entire federal budget ...
The U.S. national debt surpassed another historic milestone as it topped $38 trillion for the first time this week, as the federal government continues to rack up debt at a record-setting pace. New ...
The federal government just accumulated an additional $2 trillion in debt over the last 12 months. That’s the kind of debt surge America usually racks up in wartime or during major national ...
Many Americans have heard that they should worry about the staggering size of the national debt. For the first time in modern ...
The U.S reached a new milestone in its national debt, surpassing $38 trillion, according to the latest figures from the Treasury Department. This record-breaking number comes as the government remains ...
As the federal government shutdown drags on, the U.S. national debt has reached a historic milestone — surpassing $38 trillion for the first time, according to new data released Wednesday by the ...
WASHINGTON, Oct 12 (Reuters) - The ongoing shutdown debate between Democrats and President Donald Trump's Republicans is largely avoiding the difficult fiscal issues clouding the country's future - ...
America’s national debt has topped $38 trillion, and economists warn it could reach $39 trillion within months as borrowing accelerates. The bigger concern is the debt-to-GDP ratio, projected by the ...
The U.S. government’s gross national debt surpassed $38 trillion on Wednesday—just two months after it reached $37 trillion—which comes as the government continues to navigate the federal shutdown.
FILE- In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board ...
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