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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.
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 ...
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 ...
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 ...
He promised that a debt ceiling deal would happen through the reconciliation process and that it would pair a debt limit increase of $1.5 trillion with $2.5 trillion in cuts made to "net mandatory ...
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 ...
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 ...
Car insurance premiums in America are through the roof — and only getting worse. But less than 2 minutes can save you more than $600/year 5 minutes could get you up to $2M in life insurance ...