Debt Tops $40 Trillion as Borrowing Costs Rise
Experts say the debt surge reflects persistent deficits and higher interest costs, with federal borrowing now straining budgets and future policy choices.
6 Articles
6 Articles
The Times of Northwest Indiana
Winston-Salem JournalDebt tops $40 trillion as borrowing costs rise
WASHINGTON — Donald Trump returned to the White House promising to get the United States' financial house in order by slashing the scope of the federal government, ending costly "forever wars" and spurring economic growth to tame spiraling deficits.
National debt tops $40T as borrowing costs rise
WASHINGTON — Donald Trump returned to the White House promising to get the United States' financial house in order by slashing the scope of the federal government, ending costly "forever wars" and spurring economic growth to tame spiraling deficits.
Op-Ed: Washington’s $40 trillion bar tab comes due
I have spent over a decade testifying in federal and state courts about what a fiduciary owes the people who trust him with their money. If a money manager ran a client’s account the way Washington runs the country’s finances, he would lose his license, lose his shirt in litigation, and probably get a vacation Read more...
The challenge facing large economies is to finance a debt that is increasingly expensive by alerting investors
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