The challenge is that the U.S. has to pay interest on its debt, which is increasing yearly. The Congressional Budget Office ...

Many economic commentators are of the view that the high level of debt poses a threat to the US economy. The debt-to-GDP ratio stood at 345.7 in Q3 2024 against 130.4 in Q1 1952 (see chart). This way ...

The Congressional Budget Office's long-term budget outlook shows deficits widening in the years ahead, driven primarily by ...

Goldman Sachs analysts said in a note that they now project a debt-to-GDP ratio of 130% by 2034 ... However, current US conditions show little political momentum for deficit reduction, raising ...

Bridgewater Associates founder Ray Dalio warned on Wednesday that the United States faces a “very ... The current debt-to-GDP ratio stands at approximately 125%, with federal debt having surged ...

Earlier, Republicans criticized US President ... of national debt, which by 2032 will amount to 140% of GDP. The IMF said that the continued growth of the public debt-to-GDP ratio must be urgently ...