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After a public falling out and open criticisms of President Donald Trump, Elon Musk announced his plans to form a new ...
As of July 3, 2025, the U.S. national debt stands at $36.2 trillion. Much like bank loans, the national debt has interest ...
President Trump's pressure on the Fed to manage the national debt raises concerns over fiscal dominance and the potential shift in monetary policy.
This chart gets to the heart of the matter. As shown below, the U.S. national debt has increased substantially, and so has the level of debt in relation to the country's gross domestic product (GDP).
As Elon Musk argues, rising national debt and debt servicing costs are curtailing the growth prospects of the U.S. economy. More debt could lead to higher interest rates over the long term. These ...
The “clock” ticks real-time government data showing the ever-growing national debt — $36.9 trillion as of this writing — the most owed by any country or empire in human history.
As a result, while the proportion of low-income countries publishing debt data has increased from under 60% to over 75% since 2020, only 25% have reported loan-level data on newly contracted debt.
That stance has often led to standoffs over raising the nation’s borrowing cap, with Republicans insisting that any increase in America’s so-called debt limit be paired with spending reductions.
And budget experts believe that if the House version becomes law, the debt could surpass 117% of our Gross Domestic Product by 2034, putting us in uncharted territory.
Here is a summary of Bitcoin vs. the US national debt: Did you know? In 2010, Bitcoin’s first recorded price was just $0.003. At that rate, $1 could buy over 300 BTC, which is worth millions today.
According to the Congressional Budget Office (CBO) — the analysts charged by Congress with giving members a non-partisan breakdown of the fiscal and economic impact of proposed legislation — the bill ...
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