#government-debt

#government-debt

We will likely see the triple lock pension end when the current Parliament does, as the cost of providing it to the UK's aging population is increasing and Government debt is rising.

The massive tax cut and spending bill passed by the Senate is projected to add trillions to federal debt over the next decade, with estimates ranging from $3 to $4 trillion.

The soaring costs of servicing government debt have outstripped other critical spending areas, including defense and public safety, presenting serious challenges for national budgets.