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2 days ago · The national debt is set to reach historic levels within years, but experts say neither President Biden nor Donald Trump has plans that would stabilize the U.S. financial future.
2 days ago · As a result of this economic mismanagement, the U.S. government will pay close to $900 billion this year just in interest payments on the national debt—and, according to Congressional Budget ...
3 days ago · President Trump’s executive actions added less than $20 billion to ten-year debt on net. President Biden’s executive actions have added $1.2 trillion to ten-year debt so far. The President’s budget was on average 39 days late under President Trump and 58 days late under President Biden.
3 days ago · Former President Trump ran up the national debt by about twice as much as President Biden, according to a new analysis of their fiscal track records.. Why it matters: The winner of November's election faces a gloomy fiscal outlook, with rapidly rising debt levels at a time when interest rates are already high and demographic pressure on retirement programs is rising.
9 hours ago · The country’s staggering $80 billion in domestic and foreign public debt accounts for nearly three-quarters of Kenya’s entire economic output, according to a recent report from the United ...
1 day ago · Perhaps the U.S. could continue down this road indefinitely. We could cut taxes, as President Trump did, and increase spending, as both he and President Biden did, without paying a price. As ...
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1 day ago · The federal government’s debt has doubled since 2015 – and shows no signs of turning around. June 26, 2024. By Atul Bhatia, CFA. U.S. government debt has been rising rapidly since the global financial crisis, but broader measures of borrowing across the economy have remained relatively stable and on par with other developed economies.
