That assumes a growth rate similar to the last decade’s. If the debt rockets up like it has over the last few years, the ...
Last week, the national debt surpassed $37 trillion, twice what it was just a decade ago. Once upon a time, the national debt was the subject of intense national debate. Democrats and Republicans once ...
The cost of borrowing is already choking crucial public spending in many developing economies. Now it’s raising broader ...
The U.S. government’s gross national debt – the total amount of money owed its creditors and other financial obligations – hit a record high of more than $38 trillion on Oct. 22, the Treasury ...