Too much government debt is harmful to an economy and its citizens. Will Trump and Musk be able to restore fiscal sanity in Washington?
Their budgets aren't constrained such is the case with regular households so their policies aren't shaped by fears of rising national debt. The debt-to-GDP ratio is a metric that helps understand ...
The national debt is on track to hit 172% of GDP by 2054, according to the Peterson Foundation. At the end of the World War II borrowing spree, the national debt was 100% of GDP. The U.S ...
OUR national debt stood at P15.19 trillion ($273.9 billion) since October 2024. The country's gross domestic product (GDP) is valued at $471.5 billion, putting the share of our national debt at 58 ...
The U.S. is playing Russian roulette by not addressing the national debt. We need to get our act together before it's too late.
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...