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 by[……] Read More
‘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. economy, and memb[……] Read…
US $39 trillion national debt is ‘crushing legacy’ says budget committee chairman
The U.S.’s eye-watering debt burden poses an “existential threat to the future of our nation,” the c[……] Read More