national debt

The national debt is over 100% of GDP and most of Congress is ignoring wishes to rein it in. It’s time to amend the Constitution 370bcbe9fc5d911317fb10678bd5ea43

370bcbe9fc5d911317fb10678bd5ea43

The national debt is over 100% of GDP and most of Congress is ignoring wishes to rein it in. It’s time to amend the Constitution

admin July 15, 2026

One can clearly grasp the problem associated with excessive government debt by looking at the interest burden...

United States’ $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank c05926e57606031bc7f2e03b83fd1ae0

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United States’ $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank

admin July 14, 2026

The Peterson Foundation, using EY analysis, wrote young Americans face a smaller jobs market and lower wages...

U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts d18a44cc18cfd334e1de2334fee886da

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U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts

admin July 10, 2026

Congressional Budget Office report: U.S. Treasury borrowed $155 billion every month of this year—and is paying $24...

The national debt’s 20-year deadline and baby boomers’ spending problem: ‘a lot of incentive for every generation to try to pass a big bill’ ef250202ac9ea73de76ce532d945d077

ef250202ac9ea73de76ce532d945d077

The national debt’s 20-year deadline and baby boomers’ spending problem: ‘a lot of incentive for every generation to try to pass a big bill’

admin June 21, 2026

Kent Smetters, faculty director of the Penn Wharton Budget Model, estimates that we spend 6x more on...

Tariffs are only generating 25% of the revenue needed to pay interest on national debt—despite pitch that it would be a silver bullet 985f95014a5fe48cdd157958f15427d9

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Tariffs are only generating 25% of the revenue needed to pay interest on national debt—despite pitch that it would be a silver bullet

admin June 16, 2026

The CBO reported that between October and May 2026, the government has spent $742 billion servicing the...

10,000 Boomers a day, $39 trillion in debt, and no benefit cuts: Bessent stakes Social Security on the Trump economy f050747dc3b4ee3d05e35f478c688dbb

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10,000 Boomers a day, $39 trillion in debt, and no benefit cuts: Bessent stakes Social Security on the Trump economy

admin June 4, 2026

Bessent vowed, "the senior citizen does not not pay more taxes and the senior citizen does not...