Elon Musk: U.S. is going bankrupt fast
SpaceX founder and Tesla CEO Elon Musk has warned that America is currently headed for bankruptcy super …
the US debt
U.S. Congress: national debt to grow to 166%
The U.S. Congressional Budget Office has kept its forecast for the country’s national debt to rise to a record 166% of GDP by the end of 2054. The U.S. national debt will increase from 99% of GDP in 2024 to 166% of GDP in 2054. …
US national debt reaches $34 trillion
The US national debt exceeded $34 trillion. Over the year, the national debt increased by $4 trillion. By the beginning of next January, the US national debt will reach the ceiling again. It was shifted to avoid default in the summer of 2023.
U.S. national debt reaches all-time high
The U.S. national debt hit a new milestone, topping $33 trillion for the first time, according to data published by the U.S. Treasury Department Monday. …
U.S. national debt exceeds $32 trillion
The U.S. national debt topped $32 trillion for the first time ever this week, according to Treasury Department data released on Friday. The debt milestone comes two weeks after U.S. President Joe Biden signed legislation …
What happens if US debt ceiling isn't raised
The US government has hit its borrowing limit
U.S. debt to hit limit Thursday
U.S. Treasury Secretary Janet Yellen on Friday notified Congress that the U.S. will reach its statutory debt limit next Thursday. After that, the Treasury Department this month will begin “taking certain extraordinary …
U.S. national debt tops $30 trillion
The U.S. national debt topped $30 trillion, the highest it's ever been, according to Treasury Department data. National debt grew significantly during the COVID-19 pandemic, increasing by $7 trillion since the end of 2019. …
Biden signs bill raising U.S. debt limit into law
U.S. President Joe Biden on Thursday signed the bill raising the debt ceiling by $2.5 billion, narrowly averting what could have been a largely self-imposed economic disaster for the country. “This bill will reassure all the …
U.S. House approves debt limit increase
The House of Representatives on Tuesday approved legislation to raise the U.S. debt limit, the final legislative hurdle to averting a first-ever national default that was otherwise expected to occur next week. The bill, passed by the …
U.S. national debt rises to astronomical level
The U.S. national debt for the first time ever crossed the $22 trillion mark, Treasury Department data revealed, noting that the latest figure represents a jump of more than $30 billion from where the balance stood at the beginning of …
Turkey liquidating U.S. treasuries
Turkey dropped off the U.S. government’s list of major owners of Treasury debt, according to a Treasury Department report released Wednesday. Turkey’s holdings of bonds, bills and notes have fallen 42% in the first …
US national debt hits $21 trillion
The United States national debt exceeded $21 trillion for the first time, a little more than six months after it hit first $20 trillion on September 8, 2017. The national debt was $21.031 trillion on Thursday. The government releases …
Russia is buying up US debt
But China and Japan both own a bigger part of US debt
US Treasury unveils Riyadh’s debt for first time in 40 years
The US Treasury Department released a breakdown of Saudi Arabia’s holdings of US debt, ending a longstanding policy of keeping the figures secret. The stockpile of the world’s biggest oil exporter stood at $116.8 …
US national debt hits $19 trillion
The US national debt hit $19 trillion last week, according to the latest figures released by the US Treasury Department. $13.7 trillion is debt held by private investors and the rest is internal government borrowing, the Washington …
