US Warned of 'Death Spiral' of Debt
The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...
The Australian Financial Review27d
US debt to reach 107pc of GDP by 2029: CBO estimates
Most private analysts see an extension as likely. Total US government debt held by the public is projected to reach 107 per cent of GDP by 2029, exceeding the 106 per cent record set in 1946 ...
Fox Business27d
New budget projections show US hitting debt record in 4 years: CBO
The CBO's outlook shows that, as a percentage of gross domestic product (GDP), or compared ... in a statement. "The United States has built a dangerous mountain of debt quite simply because ...
Economy Faces Major Challenge Of Sustained High Interest Rates That Need Fixing - Cue Recession
Aggregate US debt is $101.353T, or 3.45x GDP, indicating a historically high leverage that risks recession. Read why ...
Yahoo Finance27d
US Set to Exceed World War II Debt Levels by 2029, CBO Says
Total US government debt held by the public is projected to reach 107% of GDP by 2029, exceeding the 106% record set in 1946, just after the end of World War II. By 2035, total debt is forecast at ...