Posts Tagged ‘National Debt’
U.S. News & World Report: U.S. ‘dangerously’ in debt
The U.S. has only to look at other nations’ financial crises to see what’s in store for us if Congress doesn’t tackle our mushrooming national debt, says one economic expert.…
Read MoreCongressional Budget Office: U.S. federal debt in 2035 projected to exceed historic high
The U.S. federal debt is ballooning and expected to exceed U.S. gross-domestic product by 2035 – a bleak projection that even has officials at the Congressional Budget Office admitting that,…
Read MoreSen. Perdue: The ‘merry-go-round’ of artificially low interest rates ‘is going [to] stop’
When interest rates on our debt suddenly balloon, our nation will be facing even greater economic difficulties unless Congress enacts a solution. Fortunately, there are members of Congress like freshman Senator…
Read MoreEditor: U.S. credit will max out when the world ‘loses confidence in the dollars we owe’
A financial historian who has been writing for decades about economics says it’s time to stop incurring debt otherwise we will soon find our proverbial credit card has been declined.…
Read MoreWatchdog releases annual report detailing wasteful government spending
Government watchdog Citizens Against Government Waste released its annual “Pig Book,” detailing programs and earmarks that fall under six types of criteria, including spending that is not specifically authorized and…
Read MoreSenator: National debt under President Obama is ‘nothing short of reckless’
Standing at more than $19 trillion, U.S. national debt has nearly doubled during President Obama’s seven years in office – a number that should cause our commander in chief to…
Read More