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The IMF expects US public debt to continue rising, helping drive government debt worldwide to close to 100% of global gross domestic product by 2029, from 93% last year.
The country’s overall debt load reached a new peak of $17.9 trillion, thanks to across-the-board growth in mortgage, auto, credit card, education, and other consumer debt, according to Federal ...
As America's national debt nears the $35 trillion mark, BlackRock CEO Larry Fink has warned the country's growth must keep up in order to pay its bills—or risk passing on a huge, unaffordable ...
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.
It's well past time, the newly elected House speaker said in October, to establish a bipartisan commission to tackle the federal government's growing $34.6 trillion in debt.
Today, the national debt actually exceeds the GDP of the entire U.S. economy, hitting $33.84 trillion. ... Lawmakers are having a tough time corralling rising debt levels for the same reason that ...
Currently the American national debt stands at $34.14 trillion —about $100,000 for every person in the U.S.—with the debt ceiling currently suspended until 2025 courtesy of a deal passed in ...
America's debt situation is officially a crisis. A new report triggered a national conversation about the state of borrowing in the U.S., and the results are that in most measurable categories, the...