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The US national debt topped a psychologically important milestone of $35 trillion in recent days and has risen by $1 trillion since January — mounting by nearly $5 billion every day so far in 2025.
The average debt of Americans with unpaid credit card balances is $6,569 and Americans’ total credit debt is up to $887 billion, a 13% increase from the second quarter of 2021 — the largest ...
Interest expenses for the debt are now $1 trillion a year and are among the biggest budget items, even exceeding defense spending. Given the trajectory of U.S. debt, Pimco highlighted three ...
Debt watchers have a warning about the debt ceiling talks to come: recent history is littered with bipartisan deals that made the spending problem worse. Why debt ceiling deals often make America ...
At $33 trillion and counting — actually, it's presently above $33.75 trillion — America’s national debt is astonishingly high. But government deficits don’t exactly work like household ...
Publicly held debt is projected to reach 122.4% of GDP by 2034, up from 97.3% last year. Gundlach said that Washington has been plagued by large budget deficits since the 1980s, but these were ...
Currently the American national debt stands at $34.14 trillion —about $100,000 for every person in the U.S.—with the debt ceiling currently suspended until 2025 courtesy of a deal passed in ...
The U.S. national debt broke a new record after crossing the $36 trillion mark for the first time as the federal government's mounting budget deficits cause the debt to surge.