US debt reduction may become a drag, not a brag
The rude health of U.S. household and corporate balance sheets is partially responsible for the exceptional resilience of the ...
US Debt To Explode Past World War II Highs, Threatens Growth For Decades: CBO
US economy faces historic surge in public debt, hindering growth and policy freedom. Debt projected to reach 156% of GDP by ...
US economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO says
Weak population gains and increased government spending will result in slower overall economic growth over the next 30 years, ...
US faces default risk in August if debt limit isn't raised, CBO estimates
The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if ...
The Financial Times4d
Rising debt and spending demands: the squeeze on Britain’s finances — in charts
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s public debt burden has surged faster than that of any other big advanced economy since the eve ...
The Hill5d
US could default on debt as soon as July: Analysis
The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, raising pressure on Congress for action. The prominent think tank forecast ...
Yahoo Finance3d
US could run short of money to pay its bills by August without a debt limit deal, CBO says
WASHINGTON (AP) — The United States is on track to hit its statutory debt ceiling — the so-called X-date when the country runs short of money to pay its bills— as early as August without a ...