U.S. on Track to Add $19 Trillion in New Debt Over 10 Years Congressional Budget Office projections released on Wednesday suggested rising interest rates and bipartisan spending bills are adding to deficits.
U.S. trade deficit climbs to record $948.1 billion in 2022 High oil prices and inflation contribute to wider trade gap ➤ The CEO of America’s second-largest bank is preparing for possible US debt default
U.S. National Debt Tops $31 Trillion for First Time WASHINGTON — America’s gross national debt exceeded $31 trillion for the first time on Tuesday, a grim financial milestone that arrived just as the nation’s long-term fiscal picture has darkened amid rising interest rates.
