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National Debt Closes in on Post-World War II Mark, CBO Says
Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.
Yellen Warns America’s $36 Trillion Debt Ceiling Is Close
US Treasury Secretary Janet Yellen said her department will start taking special accounting maneuvers as of Jan. 21 to avoid breaching the US debt limit, urging lawmakers to take steps to increase or suspend the statutory ceiling.
US will hit debt limit on Tuesday, Treasury's Yellen warns in letter. What happens next?
Treasury Secretary Janet Yellen, in a letter on Friday to congressional leaders, said the Treasury would begin using extraordinary measures Jan. 21.
Janet Yellen drops bomb on way out that US will hit debt limit ONE day after Trump takes office
Treasury Secretary Janet Yellen's parting gift to Pres.-elect Donald Trump announced debt limit reached his first full day back in office.
Yellen: Debt limit will be hit day after Trump’s inauguration
Treasury Secretary Janet Yellen said Friday the nation will hit its debt ceiling the day after President Trump is inaugurated and that the agency will begin “extraordinary measures” to stave off the threat of a national default.
1d
on MSN
Treasury will begin steps to avoid debt default as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, with debt and deficits ...
1d
on MSN
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...
4d
The national debt is undermining our national security
The growing national debt is a threat to national security and must be brought under control to preserve the security of the ...
1d
U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
1d
on MSN
New budget projections show US hitting debt record in 4 years: CBO
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
1d
National debt races toward record level as Trump takes office
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan ...
4d
Listen To Ross Perot’s Ghost: You Can’t Ignore The National Debt
The U.S. is playing Russian roulette by not addressing the national debt. We need to get our act together before it's too ...
Coingape
18h
Could XRP Price Hit $1,000 if Used for US National Debt Repayment?
XRP price remains in focus after a sharp 30% surge last week, hovering near $3.20. Ripple's potential use in U.S. national ...
Opinion
The Manila Times on MSN
18h
Opinion
Fact-checking our national debt
OUR national debt stood at P15.19 trillion ($273.9 billion) since October 2024. The country's gross domestic product (GDP) is ...
Committee for a Responsible Federal Budget
1d
CBO Projects Record Debt in 4 Years, Interest Matching Record This Year
The Congressional Budget Office (CBO) released its latest projections for the budget and economic outlook today, projecting ...
5d
5 ways the debt limit fight could play out under Trump
President-elect Trump and congressional Republicans are plotting how to address the nation’s debt limit this year. The debt ...
1d
U.S. Starts Maneuvers to Avoid Breaching Debt Limit, Putting Pressure on Congress
A Congressional Budget Office report shows debt closing in on a post-World War II high as a share of GDP.
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