The US national debt has surpassed $38 trillion for the first time in history. The debt reached the grim milestone just two months after surpassing previous forecasts to hit $37 trillion in August.
Welcome to "the new norm": interest payments over $1 trillion every year from here on out, to service the large and growing national debt.
The U.S. national debt surpassed another historic milestone as it topped $38 trillion for the first time this week, as the federal government continues to rack up debt at a record-setting pace. New ...
WASHINGTON — The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on ...
The total national debt of the United States has hit $38 trillion, an unwelcome milestone that comes as lawmakers grapple with a looming fiscal reckoning. The unwanted achievement comes amid a ...
"The federal budget is out of control, and we face runaway deficits of almost $80 billion for this budget year that ends September 30th," he said. "The deficit is larger than the entire federal budget ...
As the federal government shutdown drags on, the U.S. national debt has reached a historic milestone — surpassing $38 trillion for the first time, according to new data released Wednesday by the ...
The U.S. government’s gross national debt – the total amount of money owed its creditors and other financial obligations – hit a record high of more than $38 trillion on Oct. 22, the Treasury ...
America’s national debt has topped $38 trillion, and economists warn it could reach $39 trillion within months as borrowing accelerates. The bigger concern is the debt-to-GDP ratio, projected by the ...
Many Americans have heard that they should worry about the staggering size of the national debt. For the first time in modern ...
WASHINGTON, Oct 12 (Reuters) - The ongoing shutdown debate between Democrats and President Donald Trump's Republicans is largely avoiding the difficult fiscal issues clouding the country's future - ...
The U.S. government’s gross national debt surpassed $38 trillion on Wednesday—just two months after it reached $37 trillion—which comes as the government continues to navigate the federal shutdown.