$33 trillion represents more than 120% of the entire U.S. Gross Domestic Product (GDP), a level not seen since the massive borrowing needed to finance World War II. Yet, unlike that brief emergency, ...
The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House ...
US debt crisis is reaching historic levels — and for the first time in a century, America’s debt burden is on track to surpass Italy and Greece, according to the International Monetary Fund (IMF). The ...