Here is how the numbers back him up.
The national debt is set to surpass the historic high of 106% of GDP (which it reached in 1946) by 2030, according to the CBO ...
The U.S. national debt is set to break a World War II record by 2030, reaching 108% of GDP as the Congressional Budget Office warns of mounting fiscal challenges ahead.
China told its banks to reduce holdings of US government debt this week, with market pros split on how the move could impact the US and Treasury markets.
A report on Monday said regulators told banks in China to dial back Treasury holdings. Bond yields edged higher and the ...
CRFB warned the actual fiscal outlook could be far worse than even the latest sobering projections.
He pointed to Japan’s position as the largest foreign holder of US Treasury securities — estimated at over $1 trillion — as ...
A new big buyer has emerged in U.S. Treasuries and bullion markets.
"The federal budget is out of control, and we face runaway deficits of almost $80 billion for this budget year that ends September 30th," he said. "The deficit is larger than the entire federal budget ...
A viral claim suggests the U.S. government is seeking donations to reduce its $38 trillion debt.
U.S. national debt has surged past $38 trillion, outpacing GDP growth and raising systemic financial risks. Fed and Treasury bond buybacks are temporary measures, failing to address the underlying ...
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