He points out that global bond markets are “very well aware of the trajectory of U.S. debt,” and yet the fact that “the U.S.
America's national debt has climbed into territory that would have seemed unthinkable a generation ago, and it is now a central fault line in debates over taxes, spending, and economic security. To ...
As the national debt continues to climb toward record levels – totaling 100% of Gross Domestic Product (GDP) at the end of ...
In a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, an ...
The net federal debt is about 100% of annual GDP. A high debt-to-GDP ratio raises interest rates. It makes the United States hostage to the emotions of international investors. The Congressional ...
The net interest on the U.S. Federal Debt is roughly 3 percent of Gross Domestic Product (GDP), amounting to $882 billion. What does this percentage and the absolute number mean? If they were to ...
The U.S. national debt surpassed another historic milestone as it topped $38 trillion for the first time this week, as the federal government continues to rack up debt at a record-setting pace. New ...
As the GOP spending bill winds its way through Congress, the trajectory of U.S. federal debt, now 100% of GDP, is in the balance. What Congress and the president do with the finances of the U.S.
Governments sometimes get themselves into trouble with too much debt. Early economist Adam Smith devoted the last chapter of his famous Wealth of Nations (1776) to the topic of sovereign default. “The ...
The United States has a hair-on-fire problem: its debt. This reality is not disputed by pretty much any credible person or entity, including the Treasury and the Fed. U.S. government debt is massive, ...
Discover how the Stability and Growth Pact governs EU fiscal policies to prevent overspending, its historical context, and ...
We all have so much to worry about these days: international, national, local and familial. As my summer good deed, I’m going to take one off your plate: the national debt. You can ignore it. Did that ...