New Study Warns Climate Change Could Skyrocket National Debts Globally Research predicts that 59 nations will experience a drop in sovereign credit ratings. Zenger · Aug 7, 2023
U.S. Credit Rating Downgrade Is a Sign of Government Dysfunction The national debt has ballooned from $14 trillion to $32 trillion in a little over a decade. Reason · Aug 2, 2023
Fast-rising borrowing costs putting UK public finances at great risk, warns OBR Gloomy report says national debt could exceed 300% of GDP within next 50 years The Guardian - UK · Jul 13, 2023
The Next President Needs To Cut Spending At a minimum, the national debt should be smaller than the size of the economy. A committed president just might be able to deliver. Reason · Jun 29, 2023
U.S. Debt on Course to Balloon Before It Shrinks: Kiplinger Economic Forecasts See why U.S. debt will continue to rise, thanks to factors such as inflation, Medicare, and Social Security spending. Kiplinger · Jun 14, 2023
Editorial: Will we every truly know the depth of pandemic fraud? The late American satirist P.J. O’Rourke once cracked that “Giving money and power to government is like giving whiskey and car keys to teenage boys.” The $32 trillion national debt is one testament to the accuracy of his observation. The billions and billions of dollars that Washington squandered during the… Tribune News Service · Jun 14, 2023
France avoid S&P credit downgrade but concerns persist France managed to avoid a fresh credit downgrade from a leading rating agency on Friday, despite mounting concern over the country's surging national debt. Radio France Internationale · Jun 2, 2023
French debt in spotlight as ratings agencies sound alarm France's surging national debt is causing increasing alarm with the country risking a fresh warning on Friday over its credit rating after a downgrade. Radio France Internationale · Jun 2, 2023
French credit rating under more pressure PARIS: France's surging national debt is causing increasing alarm with the country risking a fresh warning on Friday over its credit rating after a downgrade. Bangkok Post · Jun 2, 2023
Give America a debt brake fast Since 1960, the United States has raised its debt ceiling 78 times -- soon to be 79, if Congress approves the latest last-minute deal. On a wall in Manhattan, not far from Times Square, a billboard-size display has kept a running tally of the national debt amount. Bangkok Post · May 31, 2023
How does US debt rank compared with the rest of the world? The United States has the world’s largest national debt at $31.4 trillion. Al Jazeera · May 31, 2023
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt Asian shares are mostly higher after President Joe Biden and House Speaker Kevin McCarthy reached a final agreement on a deal to raise the U.S. national debt ceiling The Independent UK · May 29, 2023
Democratic veterans from 2 decades of budget wars say the national debt isn't worth holding the U.S. and global economy 'hostage' "If the future is what you care about, then doing things that hurt the future doesn't make sense.” Fortune · May 27, 2023
Taxing the Rich Will Have No Meaningful Effect on Our Sky-High National Debt The U.S. tax system is extremely progressive, even compared to European countries—whose governments rely on taxing the middle class. Reason · May 25, 2023
The Independent UK · May 22, 2023 Watch: Biden and McCarthy arrive at White House to discuss US debt ceiling as default date looms Watch live outside the White House as President Joe Biden meets with House SpeakerKevin McCarthy on Monday 22 May, after their first meeting on Sunday to try to break the stalemate over legislation to raise the national debt limit.
Fortune · May 20, 2023 The ‘dysfunctional’ debt ceiling fight could cause a $12 trillion blow to the American economy if Washington doesn’t get its act together There have been 78 debt ceiling deals since 1960 and zero failures. Could this time really be different?
The Independent UK · May 18, 2023 FACT FOCUS: Who’s to blame for the national debt? It’s more complicated than one culprit As political leaders work to reach a deal to raise the debt ceiling, some online have pointed fingers as to who is to blame for the national debt
The Conversation · May 17, 2023 'Mistaken, misread, misquoted, mislabeled, and mis-spoken' -- what Woody Guthrie wrote about the national debt debate in Congress during the Depression The debt ceiling debate between the House GOP and President Joe Biden could, if not solved, lead to economic chaos and destruction – so it might seem strangely lighthearted to wonder what a Great Depression-era singer and activist would think about this particular political moment.
Fortune · May 16, 2023 Top Obama economist says we should abolish the debt limit as the current political 'brinksmanship' hurts the economy The Harvard professor has argued since 2017 that the debt ceiling no longer helps restrain the national debt as intended.
WEKU · May 15, 2023 What the debt ceiling standoff could mean for your retirement plans Biden has warned that defaulting on the national debt "would devastate retirement accounts," among other things. The head of advice methodology at Vanguard wants people to remember the bigger picture.
Zenger · May 14, 2023 Demonstration Of The Debt Ceiling Of How The Dealing Works In A Two Way Street Congress and the White House have yet to strike a deal on the debt ceiling as the Biden Administration will shuffle money around.
Reason · May 5, 2023 Vivek Ramaswamy Is Wrong About the National Debt We can't grow our way out of its ruinous economic impact. The only way forward is to cut spending.
ABC News · May 3, 2023 Deloitte Budget Monitor predicts significant shift in national debt ahead of federal budget Multi-billion-dollar tax revenue and high commodity prices will likely result in a far healthier federal budget than initially predicted, according to Deloitte's annual Budget Monitor.
Fortune · May 3, 2023 Nobel laureate Paul Krugman says yes, Biden could mint a $1 trillion coin to avert the debt ceiling—but there's a better option out there The Princeton professor and New York Times columnist said circumventing the national debt limit with a platinum coin could work, but public perception is the problem.
Tribune News Service · Apr 21, 2023 Editorial: Rural Kansas and Missouri need food stamps. GOP can’t say hunger’s just a city thing Republicans in the U.S. House of Representatives want to make big cuts to the federal budget as a condition of raising the national debt ceiling. Where do they want to start? Food stamps, of course. And that could have a big impact on Kansas and Missouri.