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The U.S. national debt broke a new record after crossing the $36 trillion mark for the first time as the federal government's mounting budget deficits cause the debt to surge.
America’s gross national debt hit an eye-watering $33 trillion for the first time in September — and in fact is currently closer to the $34 trillion mark.. In response, the U.S. is now ...
The US national debt topped a psychologically important milestone of $35 trillion in recent days and has risen by $1 trillion since January — mounting by nearly $5 billion every day so far in 2025.
At $33 trillion and counting — actually, it's presently above $33.75 trillion — America’s national debt is astonishingly high. But government deficits don’t exactly work like household ...
Interest expenses for the debt are now $1 trillion a year and are among the biggest budget items, even exceeding defense spending. Given the trajectory of U.S. debt, Pimco highlighted three ...
Today, silly people like Biden and Sen. Elizabeth Warren (D–Mass.) say we can "fix" our deficit by taxing the rich. Since the stock market's risen almost 30,000 points in 15 years, there are a ...
In 1993, for instance, the annual deficit amounted to 3.8% of GDP, and the debt, which seemed astronomically high at a “mere” $4.4 trillion, was Lilliputian by today’s standards. The trend ...
As America's national debt nears the $35 trillion mark, ... (CBO) there's little good news on that front. In its latest update the CBO wrote: “In CBO’s current projections, the deficit for ...
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