America’s debt problem is storing up trouble for the rest of the world

The high and rising level of US government debt risks driving up borrowing costs around the world and undermining global financial stability, the International Monetary Fund has warned. Read More

Soaring U.S. Debt Means Potential for Liz-Truss-Style Market Shock, CBO Warns

Unattended mounting U.S. debt concerns means potential for a Liz-Truss style market chaos, Phillip Swagel, director of the Congressional Budget Office told Financial Times. Debt concerns may have ... Read More

Here's why economists are so worried about soaring US debt levels

The government's soaring debt balance risks stoking inflation and lowering the quality of life for Americans, economists said. Read More

US faces Liz Truss-style market shock as debt soars, warns watchdog

Phillip Swagel, director of the Congressional Budget Office, said the mounting US fiscal burden was on an “unprecedented” trajectory, risking a crisis ... the US’s federal debt pile amounted ... Read More

U.S. could use a Swiss-style ‘debt brake’

Mike Braun that “commits to preventing the looming fiscal crisis ... in U.S. debt is now held by the Chinese. The increased burden of interest payments is crowding out other federal programs ... Read More

The US Economy Is About to Face A Wall of Debt. But Is That All Bad?

America’s debt burden measures $34 trillion already, but debt-to-GDP is projected to surge higher in the coming years. Read More

Soaring U.S. Debt Has Potential to Replay U.K.'s 2022 Market Shock, CBO Warns

Unattended mounting U.S. debt concerns means potential for a Liz-Truss style market chaos, Phillip Swagel, director of the Congressional Budget Office told Financial Times. Debt concerns may have ... Read More

US national debt tracker for March 28, 2024: See what American taxpayers (you) owe in real time

The U.S. national debt is climbing at an astronomical pace and has shown no signs of slowing down despite the heightened scrutiny on government spending. The national debt — which measures what ... Read More

Will the Soaring U.S. Debt Lead to Market Shock?

That's what the director of the congressional budget office, Phillip Swagel told the financial times ... US faces a similar risk if the government continues to ignore debt concerns us. Federal ... Read More

US national debt tracker for April 10, 2024: See what American taxpayers (you) owe in real time

The U.S. national debt is climbing at an astronomical pace and has shown no signs of slowing down despite the heightened scrutiny on government spending. The national debt — which measures what ... Read More