Brian Moynihan, CEO of Bank of America, is raising concerns about the U.S. national debt, which has now exceeded $35.7 trillion. This means every American […]
Tag: Debt Crisis
Unprecedented Debt Surge: US Borrows $47 Billion in a Day, Total Debt Hits $34 Trillion
The US government added $47 billion in new debt just yesterday. Since the resolution of the debt ceiling crisis in June 2023, the total US […]
U.S. Federal Deficit Jumps 52% to $129 Billion in December 2024: Record Outlays and Decreasing Receipts
• In December, the U.S. federal government reported a deficit of $129 billion, reflecting a 52% increase from the prior year, primarily due to higher […]