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U.S. debt by president: dollar and percentage 2024
Consumer Affairs· 4 days agoNational debt, also known as federal debt or public debt, is the historical accumulation of the U.S. federal government’s financial obligations ...
Congress is already bracing for a 2025 fiscal pileup
Politico via Yahoo Finance· 6 days agoIf that trend continues, lawmakers could once again find themselves toying with a genuine fiscal crisis...Republicans will likely be sparring over the expiration of Trump-era tax cuts that could ...
Opinion: A value-added tax is one solution to the crippling debt problem
NBC Chicago· 4 days agoInterest on the national debt in 2024 will cost a staggering $870 billion. This sum exceeds the amount we spend on defense, which is the largest of the discretionary items ...
How yesterday’s giveaways led to today’s deficits
The Hill· 2 days agoThe answer: They were largely built in through mandatory spending legislation, mainly Social Security and healthcare, enacted before this century began....
Former NC gov: To trim US debt, spread the tax pain. We must all feel it. | Opinion
Durham Herald-Sun McClatchy via AOL· 4 days agoThe annual battle over the debt ceiling isn’t the answer. If the Fed can’t borrow to finance more ...
Mexico's incoming administration pledges to reduce budget deficit as markets recover from shock
Stamford Advocate· 5 days agoThe statement was an effort to calm markets after the Mexican peso dropped more than 4% on Monday...
Opinion | The law-and-order party defunds the IRS. Again.
Washington Post· 2 days agoTo wit: Republicans are trying to make it easier for corporations and the wealthy to shirk their tax...
Trump and Biden should debate taxes, new Cold War and immigration
The Washington Times· 5 days agoThe nation’s finances are radically more troubled than when either Mr. Biden or Mr. Trump took...
Trump Vows to Lower Prices. Some of His Policies May Raise Them.
The New York Times via Yahoo News· 1 day agoFormer President Donald Trump routinely blames President Joe Biden for higher prices at the grocery...
Hannon’s Take: U.S. Government Debt Is A Growing Concern
The Wall Street Journal· 3 days agoThe changing outlook for the Federal Reserve’s key interest rate has been a preoccupation for many...