The federal government is taking on record amounts of debt year after year. The U.S. owes lenders more than $36 trillion. That is close to an all-time high when comparing the debt to the country’s ...
The US's ballooning debt burden is sparking concern on Wall Street. The country is one of just 21 worldwide whose debt-to-GDP ratio exceeds 100%. Concerns about deteriorating public finances have ...
Mr. Bernstein was the chair of President Joe Biden’s Council of Economic Advisers from 2023 to 2025. Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our ...
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