[ad_1] The U.S. national debt surpassed $34 trillion for the first time last week, according to newly released data from the Treasury Department. The total public debt outstanding reached $34.001…
Tag: national debt
The worst-performing major economy also faces a budget crisis. Germany’s leader vows fixes, but how?
[ad_1] FRANKFURT, Germany (AP) — German Chancellor Olaf Scholz vowed Tuesday that his government will work “as fast as possible” to solve a budget crisis, but he offered few details…
Explained | What is the stalemate over the U.S. debt ceiling and what happens if the government defaults?
[ad_1] The story so far: United States Treasury Secretary Janet Yellen notified Congress last week that the country could default on its debt as early as June 1, if the…
Opinion | Where Did All That Borrowed Money Go?
[ad_1] The U.S. national debt is sky-high, but the spending binge hasn’t solved many problems. [ad_2] Source link