US EditionUS National Debt Now Surpasses $37 Trillion Milestone
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19 Articles
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Mish Talk - Global Economic Trend AnalysisUS Debt Now Grows by $1 Trillion Every 150 Days
by Mish Shedlock, Mish Talk: US national debt just topped $37 trillion and is growing fast. Another Debt Milestone The Peter G. Peterson foundation reports The United States is Adding to the National Debt Faster Than Ever In the 2020s, the U.S. has added debt at a rate of $1 trillion every 5 months, more than […]
The National Debt Just Eclipsed $37 Trillion: Here’s What We Should Do About That
The simple truth is that the federal government does not have a revenue problem. It has a spending problem. The government is involved in far too many things and lacks a sensible budget process. The inevitable result is a government that simultaneously overspends and underdelivers.
Washington. The U.S. government’s gross national debt exceeded $37 trillion, a record figure that highlights the rapid increase in the liabilities of the world’s largest economy, leading to increased pressure on taxpayers.
The US debt exceeded $37 trillion years earlier than had been projected before the pandemic.
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