Focus
national debt
Goldman CEO Issues Warning as Interest Costs on America’s Ballooning Debt Exceed Spending on Defense, Medicare
‘We need to deal with the debt and the deficits,’ Goldman Sachs CEO David Solomon said.
US Budget Deficit Inches Closer to $1 Trillion in 1st 5 Months of Fiscal Year
The national debt presently stands close to $34.5 trillion.
National Debt, Interest Payments Balloon Under Latest Biden Budget Proposal
The president’s budget forecasts a $53 trillion national debt in ten years, prompting economists to doubt fiscal sustainability.
FedEx Founder Issues Dire Warning About ‘Unsustainable’ Government Debt
The founder of FedEx has added his voice to the chorus of views expressing concern about out-of-control spending in Washington.
US Budget Deficit Widens 16 Percent as Interest Costs Surge: Treasury
Federal shortfall reaches $532 billion as spending and receipts are both up.
Budget Deficit Projected to Soar 60 Percent to $2.6 Trillion by 2034: CBO
National debt will account for 172 percent of the economy by 2054.
Yellen: Balanced Budget Unnecessary to Create Fiscal Sustainability
President Joe Biden’s economic policies will help the United States be more fiscally responsible.
US Treasury Issues More Government Debt to Manage Budget Deficit
Treasury officials say massive borrowing will subside over the next several quarters.
Biden Administration Seeks to Retain Some Trump Tax Cuts: Yellen
The White House has blamed Trump-era tax cuts for the ballooning national debt.
Debt Commission Progress ‘Positive Step’ Toward Tackling $34 Trillion National Debt
‘We are all in this boat together. The boat is sinking’
