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...
“Whether helping new citizens navigate the area and become citizens or volunteering as I have for the past three years on the Loudoun County Board of Equalization, I understand the importance of having accessible, hands-on help from our elected officials. “My top priorities as a member of th...
Xie, who is also a member of the 14th National Committee of the Chinese People's Political Consultative Conference, China's top political advisory body, said that despite the unfavorable factors, China still achieved GDP growth of 5.2 percent in 2023, maintaining its contribution of more than 30...
Kentucky Gov. Andy Beshear has laughed off some unflattering comments aimed at him on social media in the past year, and had his teenage son translate what one barb meant Associated PressJan. 2, 2025 Kentucky Attorney General Finds No Requirement to Use Tax Dollars to Pay for Inmate Gender ...
Returning US productivity to its long-term trend of 2.2 percent annual growth would add $10 trillion in cumulative GDP over the next ten years. This is equivalent to every US household seeing a cumulative income gain of $15,000 over that period. Other things being equal, it would also boos...
Amid stubborn inflation that shows no sign of abating, US gross domestic product (GDP) growth slowed significantly to an annual rate of 1.6 percent in the first quarter, marking a sharp drop from the 3.4 percent in the f...
roughly 1.4 percent per year to growing at 2.2 percent per year. Then we find that that is equivalent to $10 trillion in cumulative GDP added between 2021 and 2030, which is where our data transition started. So $10 trillion more than we’d see otherwise over a period of ten years. ...
尽管有降税和加大财政开支等举措的加持,2019年美国经济增长3%以上的梦想却仍是一场空,但由此增加的预算赤字却导致美国政府债务总量的速超过了美国GDP的增速。 In the fourth quarter, the economy as measured by inflation-adjusted “real” GDP grew at an annual rate of 2.1% from the third quarter. This...
GDP, double that of 2012. While this ratio has increased from 4% to 8% over the past decade. The average level of developed countries stands at 20% in the Organization for Economic Co-operation and Development (OECD), indicating that one-fifth of a nation's GDP is dedicated to public ...
GDP, double that of 2012. While this ratio has increased from 4% to 8% over the past decade. The average level of developed countries stands at 20% in the Organization for Economic Co-operation and Development (OECD), indicating that one-fifth of a nation's GDP is dedicated to public ...