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Yahoo Finance anchor Julie Hyman joins Asking for a Trend with Josh Lipton to examine forecasts to the United States' debt-to-GDP (gross domestic product) ratio, according to data from Deutsche Bank, ...
The downgrade follows a change in the outlook on the sovereign in 2023 due to wider fiscal deficit and higher interest ...
Federal deficits are expected to widen from 6.4% of GDP in 2024 to 9% by 2035, driven by increased interest payments on debt, rising entitlement spending and relatively low revenue generation.
America’s debt-to-GDP ratio was 92% in the second quarter of 2011 when S&P became the first credit-rating agency to downgrade US debt. It is now 123%, according to the US Treasury. But market ...
The country holds $1.13 trillion in U.S. Treasury debt, even as its own debt-to-GDP ratio runs at roughly 250%. Japan, the single largest foreign financier of the U.S. federal government ...
The national debt would equal somewhere between 124 percent of gross domestic product (GDP) and 129 percent of GDP by 2034. That's above the 117 percent debt-to-GDP ratio that would result if ...
That's because the proposed tax breaks are projected to far outstrip any savings in the bill, potentially leading to mounting U.S. debt and a worsening fiscal outlook, according to economists and ...
The large scale of borrowing, combined with the government's routine borrowing to offset budget deficits, led to the government announcing an increase in the public debt ceiling to 70% of GDP from ...