Tag: debt ceiling
Understanding the Impact of U.S. National Debt Exceeding $35 Trillion
The U.S. national debt has surpassed $35 trillion for the first time, signaling a concerning fiscal situation for the country. The Congressional Budget Office has projected that the debt could reach $56 trillion by...
Forecast: U.S. Debt Set to Exceed $56 Trillion in Next Decade
The Congressional Budget Office recently released projections that paint a bleak picture of the United States' fiscal future. The national debt is expected to exceed $56 trillion by 2034, driven by increasing spending and...