#national-debt

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#budget-deficit

U.S. Budget Deficit Rises to $1.8 Trillion in 2024

The U.S. federal budget deficit reached $1.8 trillion in 2024, indicating ongoing fiscal challenges despite economic growth.

This US President Increased the National Debt by Over 700%

The U.S. national debt is at unprecedented levels, raising concerns about sustainability and affordability.

This Foreign Country Holds More US Debt Than Any Other - and It's Not China

The U.S. national debt has surpassed $36 trillion, driven by high spending on defense and social programs, exceeding revenue significantly.

New French PM Barnier vows spending cuts to reduce deficit DW 10/01/2024

Michel Barnier plans to reduce France's budget deficit to 5% of GDP by 2025, focusing on spending cuts and higher taxes.

The Average American Can't Answer These Simple National Debt Questions

Most Americans lack a clear understanding of the national debt despite its significance in public policy discussions.

Once a G.O.P. Rallying Cry, Debt and Deficits Fall From the Party's Platform

The Republican Party has shifted from advocating for fiscal restraint to downplaying debt and deficits under the influence of Donald Trump.

U.S. Budget Deficit Rises to $1.8 Trillion in 2024

The U.S. federal budget deficit reached $1.8 trillion in 2024, indicating ongoing fiscal challenges despite economic growth.

This US President Increased the National Debt by Over 700%

The U.S. national debt is at unprecedented levels, raising concerns about sustainability and affordability.

This Foreign Country Holds More US Debt Than Any Other - and It's Not China

The U.S. national debt has surpassed $36 trillion, driven by high spending on defense and social programs, exceeding revenue significantly.

New French PM Barnier vows spending cuts to reduce deficit DW 10/01/2024

Michel Barnier plans to reduce France's budget deficit to 5% of GDP by 2025, focusing on spending cuts and higher taxes.

The Average American Can't Answer These Simple National Debt Questions

Most Americans lack a clear understanding of the national debt despite its significance in public policy discussions.

Once a G.O.P. Rallying Cry, Debt and Deficits Fall From the Party's Platform

The Republican Party has shifted from advocating for fiscal restraint to downplaying debt and deficits under the influence of Donald Trump.
morebudget-deficit
#economic-policy

Trump's Plans Could Increase U.S. Debt While Raising Costs for Most Americans

Trump's economic plans could add $15 trillion to debt and increase costs for most Americans.

Trump's plan would add $4 trillion more to U.S. debt compared to Harris', analysis says

Both Harris and Trump's economic plans could significantly deep the national debt, posing a severe fiscal challenge to the winner of the 2024 election.

Meet the top 4 candidates Trump is considering for Secretary of the Treasury

Trump is expanding his search for a Treasury Secretary amid critical upcoming decisions about the national debt and tax cuts.

For Harris and Trump, runaway US debt is the elephant in the room

National debt is increasingly ignored in 2024 election discourse despite its significant growth and potential implications for the economy.

Under This US President, National Debt Exploded by Over 700%

Only two presidents since 1901 reduced the national debt; all others faced higher borrowing costs.

This Is What Biden Has Done to Increase the National Debt by Nearly $5 Trillion

Reducing the federal deficit is crucial for lawmakers and citizens. Understanding spending impacts personal finance and national debt sustainability.

Trump's Plans Could Increase U.S. Debt While Raising Costs for Most Americans

Trump's economic plans could add $15 trillion to debt and increase costs for most Americans.

Trump's plan would add $4 trillion more to U.S. debt compared to Harris', analysis says

Both Harris and Trump's economic plans could significantly deep the national debt, posing a severe fiscal challenge to the winner of the 2024 election.

Meet the top 4 candidates Trump is considering for Secretary of the Treasury

Trump is expanding his search for a Treasury Secretary amid critical upcoming decisions about the national debt and tax cuts.

For Harris and Trump, runaway US debt is the elephant in the room

National debt is increasingly ignored in 2024 election discourse despite its significant growth and potential implications for the economy.

Under This US President, National Debt Exploded by Over 700%

Only two presidents since 1901 reduced the national debt; all others faced higher borrowing costs.

This Is What Biden Has Done to Increase the National Debt by Nearly $5 Trillion

Reducing the federal deficit is crucial for lawmakers and citizens. Understanding spending impacts personal finance and national debt sustainability.
moreeconomic-policy
#government-efficiency

Elon Musk, Vivek Ramaswamy, and the $35T national debt-entrepreneurs to the rescue

The Trump team launched the Department of Government Efficiency to address national debt and improve government cost-effectiveness.

If anyone needs an 'Efficiency Tsar' it's the UK, Trump's a maniac, but putting Musk in charge of government waste was inspired! - London Business News | Londonlovesbusiness.com

Countries like the US and UK are at risk due to staggering national debt, raising concerns of economic stability and inefficiency.

Elon Musk, Vivek Ramaswamy, and the $35T national debt-entrepreneurs to the rescue

The Trump team launched the Department of Government Efficiency to address national debt and improve government cost-effectiveness.

If anyone needs an 'Efficiency Tsar' it's the UK, Trump's a maniac, but putting Musk in charge of government waste was inspired! - London Business News | Londonlovesbusiness.com

Countries like the US and UK are at risk due to staggering national debt, raising concerns of economic stability and inefficiency.
moregovernment-efficiency
#government-spending

U.S. National Debt Tops $35 Trillion for First Time

America's gross national debt has surpassed $35 trillion, highlighting the nation's fiscal challenges amid escalating spending.

Under Biden, National Debt Grew by $5 Trillion - Still Less Than Recent Presidents

America's national debt has surpassed $35 trillion, with recent increases from Biden, Obama, and Trump prompting calls for accountability in fiscal management.

The US National Debt and the President Who Grew It by 722%

Mismanagement of the budget and spending leads to increasing national debt, impacting essential services and government flexibility during crises.

America's National Debt Is Surging - but These Countries Look a Lot Worse

The U.S. national debt stands at $35.8 trillion, with increasing expenditures outpacing revenue, driven largely by healthcare and social benefits.

This Foreign Country Holds More US Debt Than Any Other - and It's Not China

The U.S. national debt exceeds $35 trillion, heavily driven by defense spending, social programs, and accrued interest.

This US President Increased the National Debt by Over 700%

The U.S. national debt is unprecedented and unsustainable, driven by a mismatch between revenue and spending, growing faster than the economy.

U.S. National Debt Tops $35 Trillion for First Time

America's gross national debt has surpassed $35 trillion, highlighting the nation's fiscal challenges amid escalating spending.

Under Biden, National Debt Grew by $5 Trillion - Still Less Than Recent Presidents

America's national debt has surpassed $35 trillion, with recent increases from Biden, Obama, and Trump prompting calls for accountability in fiscal management.

The US National Debt and the President Who Grew It by 722%

Mismanagement of the budget and spending leads to increasing national debt, impacting essential services and government flexibility during crises.

America's National Debt Is Surging - but These Countries Look a Lot Worse

The U.S. national debt stands at $35.8 trillion, with increasing expenditures outpacing revenue, driven largely by healthcare and social benefits.

This Foreign Country Holds More US Debt Than Any Other - and It's Not China

The U.S. national debt exceeds $35 trillion, heavily driven by defense spending, social programs, and accrued interest.

This US President Increased the National Debt by Over 700%

The U.S. national debt is unprecedented and unsustainable, driven by a mismatch between revenue and spending, growing faster than the economy.
moregovernment-spending
#fiscal-policy

Trump vs. Biden records on running up debt

Trump added $8.4 trillion in borrowing over 10 years compared to Biden's $4.3 trillion in a new analysis by CRFB.

Trump's Tax Plan Could Add Trillions in Debt. Harris's Is a Mystery.

Former President Trump's tax cuts could contribute close to $4 trillion to the national debt over a decade.

The US National Debt and the President Who Grew It by 722%

Mismanagement of taxpayer funds by federal agencies contributes significantly to the national debt, emphasizing the need for better budget tracking.

UK national debt could reach nearly 300% of GDP in next 50 years

The UK's national debt is on an unsustainable path, projected to nearly triple relative to GDP within 50 years.

Trump Says Growth' and Tariffs Will Pay for $15 Trillion Agenda

Trump's new tax cuts raise concerns over their impact on national debt while he insists on economic growth as a solution.

UK borrowing for September third highest on record

UK government borrowing in September reached £16.6bn, indicating financial struggles with higher spending relative to tax revenues.

Trump vs. Biden records on running up debt

Trump added $8.4 trillion in borrowing over 10 years compared to Biden's $4.3 trillion in a new analysis by CRFB.

Trump's Tax Plan Could Add Trillions in Debt. Harris's Is a Mystery.

Former President Trump's tax cuts could contribute close to $4 trillion to the national debt over a decade.

The US National Debt and the President Who Grew It by 722%

Mismanagement of taxpayer funds by federal agencies contributes significantly to the national debt, emphasizing the need for better budget tracking.

UK national debt could reach nearly 300% of GDP in next 50 years

The UK's national debt is on an unsustainable path, projected to nearly triple relative to GDP within 50 years.

Trump Says Growth' and Tariffs Will Pay for $15 Trillion Agenda

Trump's new tax cuts raise concerns over their impact on national debt while he insists on economic growth as a solution.

UK borrowing for September third highest on record

UK government borrowing in September reached £16.6bn, indicating financial struggles with higher spending relative to tax revenues.
morefiscal-policy

Alarms Are Sounding in the Bond Markets Ahead of the Election

The growing national debt poses a significant risk to U.S. global influence and economic stability.
#donald-trump

Trump economic plan could add $7.5 trillion to national debt: analysis

Projected deficits from Harris and Trump could impact national debt significantly, with Harris adding $3.5 trillion and Trump potentially $15.2 trillion over ten years.

Why the U.S. government has no business building its own bitcoin reserve

A strategic Bitcoin reserve is being advocated in Congress to enhance the U.S. dollar and address national debt.

The national debt might increase under Harris but would explode under Trump, new analysis says

Projected higher deficits under both Kamala Harris and Donald Trump's economic plans could result in significant increases in national debt over the next decade.

What would happen to the U.S. debt under a Harris or Trump presidency? Here's what a new report reveals

Harris and Trump's economic plans are projected to significantly increase national debt, raising concerns about fiscal responsibility.

Harris, Trump tax-cut promises make this campaign a season of giving

Both candidates are promising extensive tax cuts, raising concerns about national debt implications.
Trump's tax proposal aims for corporate benefits, while Harris focuses on middle-class incentives.

National debt would increase under Harris's plans and would surge under Trump's, budget watchdog says

Both Kamala Harris and Donald Trump's economic plans are projected to increase national debt significantly over the next decade.
Harris' plan may add $3.5 trillion to national debt, while Trump's could add $7.5 trillion to $15.2 trillion.

Trump economic plan could add $7.5 trillion to national debt: analysis

Projected deficits from Harris and Trump could impact national debt significantly, with Harris adding $3.5 trillion and Trump potentially $15.2 trillion over ten years.

Why the U.S. government has no business building its own bitcoin reserve

A strategic Bitcoin reserve is being advocated in Congress to enhance the U.S. dollar and address national debt.

The national debt might increase under Harris but would explode under Trump, new analysis says

Projected higher deficits under both Kamala Harris and Donald Trump's economic plans could result in significant increases in national debt over the next decade.

What would happen to the U.S. debt under a Harris or Trump presidency? Here's what a new report reveals

Harris and Trump's economic plans are projected to significantly increase national debt, raising concerns about fiscal responsibility.

Harris, Trump tax-cut promises make this campaign a season of giving

Both candidates are promising extensive tax cuts, raising concerns about national debt implications.
Trump's tax proposal aims for corporate benefits, while Harris focuses on middle-class incentives.

National debt would increase under Harris's plans and would surge under Trump's, budget watchdog says

Both Kamala Harris and Donald Trump's economic plans are projected to increase national debt significantly over the next decade.
Harris' plan may add $3.5 trillion to national debt, while Trump's could add $7.5 trillion to $15.2 trillion.
moredonald-trump
#us-economy

An American Sovereign Wealth Fund? Easier Said Than Done.

A bipartisan discussion on creating a U.S. sovereign wealth fund has emerged, sparking interest in national investments despite challenges.

Elon Sounds the Alarm

Elon Musk highlights the alarming growth of U.S. national debt and advocates for urgent attention to this financial crisis.

Fact check: Is Biden or Trump better for the US economy? DW 04/06/2024

The majority of US voters have more faith in Trump than Biden on the economy.
The US has not experienced an economic boom under either Trump or Biden.

This US President Increased the National Debt by Over 700%

The U.S. national debt is at an unprecedented and unsustainable level, with 2024 marking a critical financial tipping point.

An American Sovereign Wealth Fund? Easier Said Than Done.

A bipartisan discussion on creating a U.S. sovereign wealth fund has emerged, sparking interest in national investments despite challenges.

Elon Sounds the Alarm

Elon Musk highlights the alarming growth of U.S. national debt and advocates for urgent attention to this financial crisis.

Fact check: Is Biden or Trump better for the US economy? DW 04/06/2024

The majority of US voters have more faith in Trump than Biden on the economy.
The US has not experienced an economic boom under either Trump or Biden.

This US President Increased the National Debt by Over 700%

The U.S. national debt is at an unprecedented and unsustainable level, with 2024 marking a critical financial tipping point.
moreus-economy
#economic-growth

Biden's record is good but voters don't feel it. Character, not policy, is key to victory | Robert Reich

Americans are incorrectly pessimistic about the economy, despite significant evidence of growth and improvement under President Biden.

Government borrowing in August highest since Covid

Government borrowing reached its highest level for August since the Covid pandemic, driven by increased spending outpacing tax revenue.

Larry Fink says America's $35 trillion national debt will be a 'big burden on the backs of our children' unless the private sector is given room to grow

America's national debt nearing $35 trillion raises concerns among CEOs, emphasizing the need for the economy to sustain growth and manage deficits to prevent passing a financial burden to future generations.

Biden's record is good but voters don't feel it. Character, not policy, is key to victory | Robert Reich

Americans are incorrectly pessimistic about the economy, despite significant evidence of growth and improvement under President Biden.

Government borrowing in August highest since Covid

Government borrowing reached its highest level for August since the Covid pandemic, driven by increased spending outpacing tax revenue.

Larry Fink says America's $35 trillion national debt will be a 'big burden on the backs of our children' unless the private sector is given room to grow

America's national debt nearing $35 trillion raises concerns among CEOs, emphasizing the need for the economy to sustain growth and manage deficits to prevent passing a financial burden to future generations.
moreeconomic-growth

Opinion | Higher Taxes Are on the Horizon. Don't Let Them Spoil Your Retirement.

Roth I.R.A.s may protect from future tax increases, crucial in light of rising federal budget deficits and potential tax reforms.
#uk-economy

UK government debt highest since 1962

UK's national debt at highest level since 1962, reaching 99.5% of the economy in June amid higher-than-expected borrowing, posing challenges for the new Chancellor in managing public finances.

UK's looming debt crisis, how it will impact your finances? - London Business News | Londonlovesbusiness.com

UK's national debt projected to triple in 50 years poses severe economic challenges.
Demographic changes and climate transition costs will strain public finances significantly.

Can UK avoid national debt almost tripling over next 50 years?

The UK's national debt is expected to rise dramatically, reaching 274% of GDP by the mid-2070s, posing severe budgetary challenges for future governments.

UK government debt highest since 1962

UK's national debt at highest level since 1962, reaching 99.5% of the economy in June amid higher-than-expected borrowing, posing challenges for the new Chancellor in managing public finances.

UK's looming debt crisis, how it will impact your finances? - London Business News | Londonlovesbusiness.com

UK's national debt projected to triple in 50 years poses severe economic challenges.
Demographic changes and climate transition costs will strain public finances significantly.

Can UK avoid national debt almost tripling over next 50 years?

The UK's national debt is expected to rise dramatically, reaching 274% of GDP by the mid-2070s, posing severe budgetary challenges for future governments.
moreuk-economy

How One Republican Senator Got the Idea the Great Depression Was an Inside Job

Sen. Ron Johnson's controversial claim that the Great Depression was 'pretty well planned' highlights a troubling trend in political rhetoric.
#tax-reform

Biden Short-Circuits in Debate and Declares, We Finally Beat Medicare'

President Biden stumbled discussing national debt & tax reform during debate with former President Trump.

Jamie Dimon has now been floated for a Treasury role by both parties

Kamala Harris is considering Jamie Dimon for a Treasury position, emphasizing the need for economic growth and fair taxation.

Biden Short-Circuits in Debate and Declares, We Finally Beat Medicare'

President Biden stumbled discussing national debt & tax reform during debate with former President Trump.

Jamie Dimon has now been floated for a Treasury role by both parties

Kamala Harris is considering Jamie Dimon for a Treasury position, emphasizing the need for economic growth and fair taxation.
moretax-reform

The Biden Administration Is Setting Money on Fire, Here's Where It's Going to Waste

Federal agencies wasted nearly $785 billion on improper payments over the past five years, presenting an opportunity for improved fiscal management.

This Is What Caused the National Debt to Increase $8.2 Trillion Under Trump

Trump's presidency significantly increased the national debt, leading to major economic implications.
from www.nytimes.com
3 months ago

Trump Says He Wants to Cut Taxes. Harris's Plan Mirrors Biden's.

Trump's tax cut promises could add $4 trillion to national debt, while Harris plans to reduce deficit by $3 trillion by raising taxes on corporations and high earners.

Senator Cynthia Lummis Announces Bill for US To Buy 1 Million Bitcoin

Senator Cynthia Lummis plans to introduce legislation for the US government to accumulate 1 million Bitcoin as a strategic reserve asset, aiming to fortify the dollar.

Beware risks of voter giveaways to public finances, countries facing elections told

The IMF warns against pre-election voter giveaways to avoid risks to public finances.

The Conservatives' economic record since 2010 in 10 charts

Jeremy Hunt aims to boost Conservative popularity before the general election with tax cuts.
Tories have faced criticism over their management of the economy since 2010, with rising national debt and NHS challenges.

Inside Conservatives' Effort to Filibuster Ukraine Aid

Conservative senators are filibustering efforts to pass Ukraine aid through the Senate.
Their motivations include concerns over impeachment and prioritizing domestic issues over foreign aid.

U.S. Debt on Pace to Top $54 Trillion Over Next 10 Years

The United States is projected to add nearly $19 trillion to its national debt over the next decade due to factors like an aging population and higher interest expenses.
Legislation to curb federal spending and a growing economy are helping to reduce the projected annual deficits over the next decade.

The Math Is the Math': CNN's John Berman Calls Out Byron Donalds On Debt Numbers Under Biden and Trump

Rep. Byron Donalds seems to overlook the significant role Donald Trump played in the national debt during his term as president.
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