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 | Public Debts for Vested Interest Payments An analysis of the national debt as the most heinous mechanism inflicted on... |
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By Business Insider on Aug 4, 2023 in: Economy, Stocks
The national debt-to-GDP ratio could nearly double to 181% in 2053, according to a new Congressional Budget Office projection.
By Business Insider on Jun 21, 2023
Beijing has embarked on new nationwide inspections to determine how much debt local governments owe, Bloomberg reported.
By Business Insider on May 5, 2023 in: Economy, Politics, Policy
The US could default on its debt as early as June, and Republicans and Democrats still can't agree on a path to raise the debt ceiling.
By Business Insider on May 3, 2023 in: Economy
"But as I said, people who really should know better constantly get this wrong, and imagine that the coin would be inflationary."...
By Business Insider on Mar 1, 2022 in: Economy, Politics
The president praised himself on Tuesday as "the only president ever to cut the deficit by more than one trillion dollars in a single year."...
By Business Insider on Dec 16, 2021 in: Economy, Politics, Policy
The hike most likely punts the debt-ceiling battle into 2023. The House passed the measure early Wednesday, dangerously close to a key deadline.
By Business Insider on Dec 14, 2021 in: Economy, Politics
The House voted 221 to 209 to raise the limit on government borrowing by $2.5 trillion. The move most likely punts the debt-ceiling battle into 2023.