Tag: US debt crisis
US Budget Deficit Third-Highest on Record
October 23, 2024
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...
Economics$2.4 Billion Daily – Servicing the US National Debt
August 1, 2024
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...
EconomicsAmerican Households Hold Record Debt Q1 2024
May 16, 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...
InflationGen X No Longer Saving for Retirement
August 9, 2023
(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...
EconomicsUnited States Debt Downgraded to AA+
August 4, 2023
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...
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