The Treasury Department announced this week that it expects to borrow more than anticipated in ?the…
Tag: national debt
Treasury expected to borrow $2 trillion this year—more than $166 billion every month
The U.S. Treasury will likely have borrowed more than $2 trillion by the end of the…
AI could solve America’s $39 trillion debt crisis—but only if U.S. abandons displaced workers: Yale
The big bet on AI—the near-trillion dollars that hyperscalers are spending to build out the technology’s…
Interest on US debt is a top driver of future deficits, as past borrowing overwhelms fiscal outlook
U.S. debt is expected to continue soaring in the coming decades not because of excesses committed…
‘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 national debt is the same size as the economy. It’s a ‘disturbing warning and a call to action,’ watchdog says
Six months before Election Day, America’s $39 trillion national debt has moved from an abstract fiscal…
‘The national debt is now larger than the economy’: Watchdog marks milestone for $39 trillion burden
The United States has crossed a grim threshold: the national debt now exceeds the size of…
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…