The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain deadline for when the U.S. can no longer pay its bills.
Here’s a legacy that now-former President Biden failed to mention in his self-congratulatory farewell address last week: an exploding federal debt — $36.4 trillion, up from $28.4 trillion in 2021.
Voters need to set their political ideologies aside and realize that the national debt was created by politicians of all political parties. The path they have put us on is not sustainable.
Federal debt held by the public as a share of the ... of this setup could be serious for the new administration. “By any definition, we are on an unsustainable fiscal path,” said Michael ...
That threat is our national debt, which recently topped $36 trillion. The facts about the national debt are dire, and its dangerous trajectory has only accelerated in recent years. In February ...
Peterson Foundation, said, "By any definition, we are on an unsustainable fiscal path. We are currently on track to add $22 trillion to our national debt over the next ten years, including $14 ...
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