US Government debt accounted for 123.1 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 122.3 % in the previous quarter.
US debt woe will hurt us for yearsBill Jamieson
Over the past 60 years, US Congress has raised the debt ceiling 78 times. For most of this period, raising the debt ceiling was a non-event. But over the past decade or so every time the US government reaches its debt ceiling, a drama of global proportions unfolds. Republicans and Democ...
WhetherAmericalikes it or not,USdebtlevelswilldeclineoverthenext several years. 不管美国与否,未来几年,美国的负债水平将会下降。 www.ftchinese.com 4. Weabsolutelydo notneedtheChinesegovernment tokeepbuyingUSdebtandwouldalmostcertainlybebetteroffifitstoppedtomorrow. ...
Ma Wei, a research fellow at the Institute of American Studies under the Chinese Academy of Social Sciences, said that growing market worries over the debt have caused many U.S. debt holders to lose confidence, and many have begun to slash their holdings in recent years. ...
The White House was quick to blame Republicans on Monday evening for the astronomical rise in the federal debt. "The increase in debt over the last 20 years was overwhelmingly driven by the trillions spent on Republican tax cuts skewed to the wealthy and big corporations," Michael Kikukawa, Wh...
Bids are turning upside down one after another; who still dares to take over US debt? On Wednesday, the results of the US Treasury's auction of 39 billion US dollars of 10-year treasury bonds were quite bleak. Almost all indicators showed poor performance, showing that the final interest ...
-the battle to raise the u.s. debt ceiling rekindled debate in congress over funding for ukraine, as house of representatives speaker kevin mccarthy said on tuesday he had no immediate plans to take up legislation to boost defense spending beyond what was in last week's deal. mccarthy...
The US Debt Now app displays the daily amount of the US National Debt over the past 30 years. You can see the trending of the debt in an interactive chart with…
Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy April 9 2024 Martin Wolf The tree of debt must stop growing Since the era of ultra-low interest rates ended, large-scale government borrowing is looking more and more problematic ...