February 7, 2025・Exploring Finance
Treasury Adds $2.2T of debt in 2024
The Government debt binge has slowed in the latest month, adding only $2B in new debt for January.
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Posts Tagged: “fiscal crisis”
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July 5, 2024・Guest Commentaries
US Budget Crisis Will Impoverish American Families
Amid record tax receipts, the U.S. still faces a dire fiscal future, with deficit spending predicted to climb from $1.9 trillion in 2024 to a staggering $2.8 trillion by 2034. This unsustainable financial trajectory threatens to cripple the economy with higher taxes, stunted growth, and a devalued currency. The overwhelming debt burden will be passed […]