Search results
Results from the WOW.Com Content Network
The national debt is currently almost the same size as the entire U.S. economy, which is roughly $27.3 trillion, ... The country’s current deficit spending is $1.06 trillion, according to fiscal ...
The U.S. national debt is nearing $33 trillion, but Janet Yellen isn’t worried just yet. The Treasury Secretary pointed to a key statistic on Monday that, she believes, illustrates that the ...
The current members of Congress would be incentivized to maintain a deficit under 3% of GDP, or risk losing their chance at reelection. ... Warren Buffett’s plan to tie Congress members ...
The budget deficit reached 10.8% GDP in 2009 in the depths of the recession, before steadily recovering to 2.5% GDP by 2015, below the historical average (1970–2015) of 2.8% GDP. [10] The national debt increased from $10.0 trillion in September 2008 to $19.6 trillion in September 2016. [12]
A counterplan is a component of debate theory commonly expounded in the activity of parliamentary and policy debate. While some schools of debate theory require the negative position in a debate to defend the status quo against an affirmative position or plan, a counterplan allows the negative to advance a separate plan or an advocacy.
Last week's news that the United States hit the federal debt ceiling prompted the usual worries about its impact on government services and the economy, but it was hardly groundbreaking. Since ...
For example, Robert Bixby of the anti-deficit Concord Coalition called the amendment "an avoidance device." [75] Economist Dean Baker has noted that if the federal government were to run budget surpluses with the US still experiencing a large trade deficit, the economy would, in the absence of economic bubbles, shrink and experience rising ...
The National Debt Represents Money Borrowed and Owed by You The national debt is the money the United States government owes its creditors. It borrowed that money on your behalf and in your name.