Let’s start with a chart to understand the dire fiscal situation we are in as a nation. Figure 1. Federal Debt Held by the Public as a Share of Gross Domestic Product, 1940-2054 You’re looking at how ...
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Government debt levels don’t drive yieldsBefore 2008, debt-to-GDP ratios were stable or even declining in many economies, suggesting governments borrow based on necessity, not borrowing costs. Looking at the US, Australia, Germany, and the ...
The challenge is that the U.S. has to pay interest on its debt, which is increasing yearly. The Congressional Budget Office ...
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U.S. economic growth to slow in the next 30 years, fueled by debt and declining birth rates, CBO saysWeak population gains and increased government spending will result in slower overall economic growth over the next 30 years, ...
The nonpartisan Congressional Budget Office estimated what the impact would be if the Tax Cuts and Jobs Act was made permanent. It found that US debt held by the public could soar above 200% of ...
The Minister for Finance, Dr Cassiel Ato Forson, has acknowledged significant GDP growth, and debt to GDP ratio recorded under the previous government at the end of 2024. In his first budget ...
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