The United States today teeters on the brink of a budget crisis of unprecedented scale. In the last year, the federal deficit—the difference between what the US government spends and the revenue it brings in—surged from $1.37 trillion to $1.7 tri...
Tag: national debt
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The United States today teeters on the brink of a budget crisis of unprecedented scale. In the last year, the federal deficit—the difference between what the US government spends and the revenue it brings in—surged from $1.37 trillion to $1.7 tri...
America has a debt problem, but the problem is not the debt itself. It’s the debt ceiling. A breach of the US debt ceiling would herald chaos. It is the only obstacle that might prevent the US from paying its debt payments on time. On a technical l...
America has a debt problem, but the problem is not the debt itself. It’s the debt ceiling. A breach of the US debt ceiling would herald chaos. It is the only obstacle that might prevent the US from paying its debt payments on time. On a technical l...
The national debt currently stands at almost $25 trillion, with interest of $382 billion. However, it receives minimal attention. Since the 1960s, we have seen the number of federal programs increase dramatically, pushing the US further into debt. Th...
The national debt currently stands at almost $25 trillion, with interest of $382 billion. However, it receives minimal attention. Since the 1960s, we have seen the number of federal programs increase dramatically, pushing the US further into debt. Th...
The great curse of being a US federal budget-watcher is that it is nearly impossible to overstate the severity of the path the country is on, and yet it is also equally difficult to do anything to alter that path. The deficit for 2016 contributed aro...
The great curse of being a US federal budget-watcher is that it is nearly impossible to overstate the severity of the path the country is on, and yet it is also equally difficult to do anything to alter that path. The deficit for 2016 contributed aro...
For the last three decades, anti-debt polemics have been the cause célèbre of self-styled “fiscal conservatives.” Over the course of their crusade, deficit hawks have cultivated several strategies to reduce government borrowing and spending. Th...
For the last three decades, anti-debt polemics have been the cause célèbre of self-styled “fiscal conservatives.” Over the course of their crusade, deficit hawks have cultivated several strategies to reduce government borrowing and spending. Th...