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In 2019, I complained that our debt increased by a trillion dollars every year. But now, it's three trillion! In 2023, the ratings agency Fitch was criticized for downgrading U.S. government debt ...
In February 2024, the total federal government debt grew to $34.4 trillion after having grown by approximately $1 trillion in both of two separate 100-day periods since the previous June. [12] By November 2024, the debt had grown to $36 trillion. [13] [11] Debt to GDP
By 2009 this figure had risen to $7.8 trillion, but the federal government's debt-to-GDP ratio had fallen to 54.75%. [2] In February 2024, the total federal government debt grew to $34.4 trillion after having grown by approximately $1 trillion in both of two separate 100-day periods since the previous June. [24]
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
Last year was supposed to be the year of huge federal spending. With the pandemic and lockdowns disrupting much of the economy, we had to make up the difference with borrowed money. We chewed ...
The federal government is currently adding $1 trillion to our national debt about every 100 days. It’s unsustainable and we need to root out waste in our budgeting process.
The first days of October have been eventful for many members of the Dow Jones Industrial Average (INDEX: ^DJI ) . Many billions of dollars in shareholder wealth have been created as a direct result
Following the downgrade itself, the DJIA had one of its worst days in history and fell 635 points on August 8. [17] The GAO estimated that the delay in raising the debt ceiling raised borrowing costs for the government by $1.3 billion (~$1.74 billion in 2023) in 2011 and noted that the delay would also raise costs in later years.