The U.S. national debt topped $33 trillion for the first time ever on Monday, crossing a critical milestone at a time when government spending is already under scrutiny. The national debt – which measures what the U.S. owes its creditors — hit $33.04 trillion as of Monday afternoon, ac...
近日，随着美国联邦政府继续以创纪录的速度积累债务，美国国债历史上首次超过35万亿美元。The milestone comes just months after the U.S. eclipsed the $34 trillion threshold in early January 2024, while the $33 trillion mark was reached in September 2023. By comparison, the national debt hovered around...
"Just last month the Congressional Budget Office warned Americans that debt held by the public is on its way to a new record share of the economy in three years. The deficit will be nearly $2 trillion this year and nearly $3 trillion in ten years," Maya MacGuineas, president of the no...
Even if investors do not demand higher interest rates, given the fact that the US debt has already become the biggest threat to the dollar's status, keeping interest rates high is also a must for the US to safeguard the dollar's status. Needless to say, it is a dangerous gamble, which...
United States National Debt Per Person$105,076.23 United States National Debt Per Household$272,147.43 Total US Unfunded Liabilities$123,281,948,163,556.19 Social Security Unfunded Liability$15,110,120,293,272.29 Medicare Unfunded Liability$79,026,074,712,379.69 ...
The alarming milestone comes just months after the U.S. debt surpassed the US$34 trillion threshold in early January, and the US$33 trillion mark in September last year, the Global Times reported. By comparison, the U.S. national debt hovered around US$907 billion four decades ago. ...
The alarming milestone comes just months after the US eclipsed the $34 trillion threshold in early January 2024, while the $33 trillion mark was reached in September 2023, according to US media outlet Fox Business. By comparison, the US national debt hovered around $907 billion just four decad...
Just seven months ago, the US national debt surpassed 34 trillion dollars in late December 2023. Three months before that, the United States reached a historic milestone by passing 33 trillion dollars. "The borrowing just keeps marching along, reckless and unyielding," said Maya MacGuineas, presi...
Still, the budget deficit is on track to grow to $1.6 trillion this year and $2.6 trillion over the next decade. "Our debt is rising out of control, and it's time for Congress to wake up," Maya MacGuineas, president of the Committee for a Responsible Federal Budget, s...
China nears record $1 trillion trade surplus as Trump returns BYBloomberg November 11, 2024 BYFatima Hussein,Josh Boakand Others February 8, 2024 Finance Billionaire investor Ray Dalio warns U.K. is at risk of entering ‘debt death spiral’ ...