Get access to our best features

Get access to our best features

Published 1 month ago

A shocking debt crisis could break out in the US

Summary by Portfolio.hu

According to Phillip Swagel, head of the independent budget watchdog in the US Congress, the United States faces a potential financial crisis if the rising level of debt is not taken into account. Swagel warned that the trajectory of the US budget deficit and debt is alarming and parallels the market shock experienced in the UK in 2022 under former Prime Minister Liz Truss, according to the Financial Times.

0 Articles

0 Articles

All

Left

Center

Right

A shocking debt crisis could break out in the US

According to Phillip Swagel, head of the independent budget watchdog in the US Congress, the United States faces a potential financial crisis if the rising level of debt is not taken into account. Swagel warned that the trajectory of the US budget deficit and debt is alarming and parallels the market shock experienced in the UK in 2022 under former Prime Minister Liz Truss, according to the Financial Times.

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.

Coverage Details

Total News Sources0

Leaning Left0Leaning Right0Center0Last Updated1 month agoBias Distribution

No sources with tracked biases.

Bias Distribution

There is no tracked Bias information for the sources covering this story.

Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics

Stories disproportionately reported by the Left or the Right

Similar News Topics

Trending Topics

Donate Privacy Policy Manage Cookies Terms and Conditions

© 2024 Snapwise Inc.