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Congress imposes artificial legal limits on the nation’s outstanding debt obligations. Once this is reached, the government no longer can pay bills or fund programs until Congress raises the ceiling ...
When President Donald Trump signed the One Big Beautiful Bill into law, it sparked major discussions on the outlook of the ...
Trump's Big Beautiful Bill will increase the national debt by trillions. But that doesn't bother Arizona's self-professed fiscal hawk Republicans.
On July 1, Balaji posted on X, stating, "The US is broke," and claimed there is "real debt" in excess of $175 trillion, adding that America is in such dire straits that it must deal with “national ...
Trump's Big Beautiful Bill will increase the national debt by trillions. But that doesn't bother Arizona's self-professed fiscal hawk Republicans.
The nonpartisan Congressional Budget Office announced Wednesday that the Trump legislative agenda bill approved by GOP House representatives would tack more than $2.4 trillion to the national debt ...
Recently, Moody’s Investors Service became the final major bond rating agency to strip the United States of its coveted AAA credit rating. Citing the ballooning national debt, chronic budget ...
Last week, the credit rating of the United States was downgraded. Moody’s, the ratings firm, announced that the U.S. government’s rising debt levels will grow further if the Trump Republican ...
Higher debt means lower wages, higher interest rates, and fewer opportunities, says Romina Boccia of the Cato Institute.
One of the greatest challenges facing the United States today is our staggering $36 trillion national debt writes Jary Jensen of Sanford.
Moody's lowered the US triple-A credit rating on Friday, citing rising federal debt and interest costs.
Moody's credit rating agency downgraded the credit rating of the United States government from Aaa to Aa1, citing the rising national debt as the primary driver behind the reduction in ...