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The U.S. national ... debt because when the government spends more than it brings in, it has to borrow money. It does this by issuing bonds and Treasury securities, which other countries buy to ...
Fed Chair Jerome Powell said this week that while US government borrowing at current levels is "unsustainable," the current debt level is "very sustainable" and won't be a concern in the near-term.
The national debt is now $36 trillion, and the portion held by the public is about 100% of GDP. The ever-worsening debt outlook led Fitch to downgrade the US credit rating from AAA to AA+.
A depiction of the national debt. History shows us that this is a lie used to justify lowering taxes on the rich while keeping taxes on the poor. This not only does not reduce the debt but also ...
The average credit score in the US is 717, according to a report from Experian. High interest rates and lingering inflation contribute to more missed payments and debt levels. Minnesota has the ...
which ranked as the third-largest in history after even larger deficits were incurred in recent years. Billionaire David Rubenstein warned that the surging costs of servicing the national debt now ...
We do need a congressional representative who acts for us as well as for our beloved country. The No. 1 problem we have in the USA is still the debt that has accumulated and the need to get it ...