US debt crisis is spiraling. For the first time in 100 years, America’s debt burden is projected to exceed Italy and Greece, ...
The U.S. national debt is the total of what the federal government owes creditors. The U.S. has always carried debt, but the total has expanded rapidly since 2008.
The mounting level of US debt risks a “reckoning” for the economy if the pace of growth doesn’t improve, according to the ...
Despite the challenges, the Trump administration has pointed to its efforts to reduce the national debt. Treasury Secretary ...
Solomon isn’t alone in sounding the alarm. Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, has ...
If America was a family or a business, its present debt situation would be considered a crisis. According to the Congressional Budget Office, the current national debt held by the public is $29 ...
We should be concerned about this, not sounding an alarm bell,” he said. “But I do think over time, this is an issue.” ...
Al-Qaeda said it’s hoping that America’s national debt and current “artificial improvement in the state of the American economy… trigger a major economic ...