The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the…
Tag: government debt
‘Cut up the credit cards:’ Members of Congress call for action after US debt surpasses GDP
The value of debt held by the public has officially surpassed the size of the U.S.…
The debt crisis Congress has been ignoring could cost the average U.S. household $18,000 a year
An excellent new study from the non-partisan Brookings Institution provides an ultra-sobering view of the potential…