A new analysis by the Committee for a Responsible Federal Budget shows that federal deficits and the national debt are expected to grow at a faster pace over the next 10 years.
Decline in private lending offsets increase in public borrowing; notable differences persist across countries and income ...
Right now our public debt is about 97% of our GDP. The last time we had a ratio that high was around World War II. A key number that economists are focused on right now is how much interest the U.S.
U.S. national debt has topped $37 trillion, drawing warnings from economists and business leaders. President Trump’s plan to repay the debt centers on tariffs, cost-cutting, and growth programs.
US government debt could reach 250% of gross domestic product without putting upward pressure on interest rates, according to a paper presented at the Federal Reserve’s Jackson Hole conference. “Until ...