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President-elect Donald Trump on Thursday took credit for killing the House Republican-proposed government funding bill, telling ABC News there will be a government shutdown unless Congress extends ...
Doing so will add about $4 trillion over the next decade to the U.S. federal government's current $36 trillion in debt, tax experts say. ... You can get TurboTax for 30% off on Amazon today. AOL ...
Today, the national debt actually exceeds the GDP of the entire U.S. economy, hitting $33.84 trillion. In the past few years, the national debt has risen dramatically due to increased spending on ...
The US government has enacted a budget to avert shutting itself down, but the bitterly disputed deal doesn't include a call from President-elect Donald Trump to increase the federal borrowing limit.
Between 1950 and 1970, total debt (including government, household, corporate, and financial) was stable at about 150% of GDP. After Nixon did away with what was left of the gold standard in 1971 ...
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 ...
The UK government’s borrowing costs continue to rise, hitting the highest level since the financial crisis. Ten-year bonds hit yields of 4.89 per cent today, the highest since 2008 when they ...
Fitch cited the federal government's rising debt burden and the political difficulties that the U.S. government has had in addressing spending and tax policies as the principal reasons for ...