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Higher debt means lower wages, higher interest rates, and fewer opportunities, says Romina Boccia of the Cato Institute.
With its giant public debt, the United States is far more dependent on foreign creditors than any other country in the world.
President Trump's tax plan has sparked concern among investors, driving Treasury bond yields to a nearly two decade high, ...
Last Friday, the credit rating of the United States was downgraded. Moody’s, the ratings firm, announced that the U.S. government’s rising debt levels will grow further if the Trump Republican package ...
Ipek Ozkardeskaya, senior analyst at Swissquote Bank, says the U.S. has been able to keep borrowing at this scale at a fairly low cost because investors crave U.S. debt. Treasuries are liquid, ...
WASHINGTON – President Donald Trump 's sweeping tax and policy bill that would change Americans' everyday lives has cleared one big hurdle after several marathon days of negotiations in the U.S. House ...
High debt may not be an obstacle to President Xi Jinping boosting spending in the world’s second-largest economy. Officials ...
The US House narrowly passed Trump's sweeping tax and spending bill, adding $3.8 trillion to national debt. The plan includes ...
Extending the 2017 tax cuts alone could save the typical household $2,900, but the legislation also affects overtime, tips ...
One of the greatest challenges facing the United States today is our staggering $36 trillion national debt. This burden threatens our economic future and demands serious, strategic action. While ...
America's debt-addicted government just lost its triple-A credit rating from Moody's, as it previously had from fellow rating ...
America faced a once-in-a-century health crisis that crashed the economy and threatened the lives of millions. Republicans ...