Welcome to "the new norm": interest payments over $1 trillion every year from here on out, to service the large and growing ...
Without significant policy changes to reduce debt growth, future generations will inherit a budget where significant ...
In a new working paper published by the National Bureau of Economic Research, economists Vadim Elenev, Tim Landvoigt, an ...
As the national debt continues to climb toward record levels – totaling 100% of Gross Domestic Product (GDP) at the end of ...
Former GOP Sen. Mitt Romney calls for higher taxes on wealthy Americans, citing the national debt crisis and a need for ...
“It’s sort of a head-spinning, 180-degree reversal,” said Chi Chi Wu, an attorney with the National Consumer Law Center, ...
The government’s own projections expect the Fed to purchase $6 trillion in federal bonds over the next ten years, with no end in sight.
Can 200K BTC strategic reserve annually pay down national debt? Analysis shows limits but potential benefits for US economy.
President Bola Tinubu on Friday presented the N58.18trillion 2026 Appropriation Bill to the National Assembly, with debt servicing projected to gulp N15.52 trillion. The President had proposed a ...
In almost every election cycle, politicians toot their own horns when it comes to rising wages, pointing to higher paychecks as proof that the average worker is thriving. But under the Biden ...
Opinion
The Manila Times on MSNOpinion

Accountant’s take on the huge national debt

AS of October, the national government’s debt stood at P17.56 trillion, a worrisome development in the country’s long-term economic health. The surge was driven not only by continued borrowing, but ...
Australia needs to overhaul its “outdated” tax system, with the introduction of a controversial tax a key part of the change.