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Tag: US debt crisis

US Budget Deficit Third-Highest on Record

The United States Treasury reported a $1.833 trillion budget deficit for the fiscal year ending September 30. This marks the third-highest deficit on record, but it...

$2.4 Billion Daily – Servicing the US National Debt

Serving debt is the largest cost of Washington’s debt crisis; America currently spends $2.4 billion in daily interest fees alone. The debt and spending simply...

American Households Hold Record Debt Q1 2024

The New York Federal Reserve reported that American households set a new record after plummeting into $17.69 trillion of debt, a 1.1% ($184 billion) increase from...

Gen X No Longer Saving for Retirement

(click on the image above for a clear view) A new survey by Clever Real Estate shows that 64% of Gen Xers have stopped saving for retirement. These are the people...

United States Debt Downgraded to AA+

Inflation was transitory. Now, the credit rating of the United States plummeting from AAA to AA+ by Fitch is “arbitrary,” according to Treasury Secretary Janet...