Monetization of debt, fiscal austerity, and economic growth are three likely paths for solving the budget deficit.
With the enactment of the One Big Beautiful Bill pushing America’s debt-to-GDP ratio further into dangerous territory, a sudden political pivot towards fiscal discipline seems unlikely. Policy-makers ...
If America was a family or a business, its present debt situation would be considered a crisis. According to the Congressional Budget Office, the current national debt held by the public is $29 ...
The U.S. government's gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America's balance sheet and increased cost pressures on taxpayers.The $37 ...