Kent Smetters, faculty director of the Penn Wharton Budget Model, estimates that we spend 6x more on older than young people ...
Is America heading toward a national debt crisis? As an economic adviser to President Biden and an economist active in mainly Democratic policy circles since the late 1980s, I’ve spent most of my ...
The challenge is that the U.S. has to pay interest on its debt, which is increasing yearly. The Congressional Budget Office ...
A spendthrift government is raising borrowing costs for everyone.
Even a federal shutdown can’t keep the national debt from continuing to spiral out of control. The nation’s debt now tops $38 trillion. It’s an unfathomable amount of money, so consider this: Every ...
Ray Dalio warns that America's growing debt burden is creating difficult choices for policymakers, investors, and the Federal Reserve ...
No individual, corporation, or government ever gets to choose how much money to borrow. Only in academic and pundit circles is such a fanciful notion accepted as realistic. Which requires a brief ...
CNN — The United States set a big record this week: Our national debt is now over $22 trillion! It's not, actually, the sort of thing that deserves an exclamation point. Better put: Our national debt ...
In a political landscape often defined by deep partisan divides, a striking consensus has emerged among American voters regarding the nation’s financial health. As the United States contends with a ...
Who's this for? Pacific Debt Relief is one of the oldest companies on our list, having settled more than $500 million in ...