Tag Archives: national debt


Federal Debt Ballooning


“The nation’s federal debt is now projected to balloon to ‘unprecedented levels’ over the next 30 years, if policymakers fail to change laws, potentially pushing the country into the risk of a ‘fiscal crisis,’ the nonpartisan Congressional Budget Office said in a new report Tuesday,” CNN reports. “Federal debt is expected to rise from 78% of GDP in 2019 to 92% percent in 2029 and 144% in 2049, the most ever in history.”


National Debt Passes $22 Trillion

$22 trillion

“The U.S.’s financial burden is growing despite a strong economy,” Bloomberg reports. “Total public debt climbed to more than $22 trillion as of Feb. 11, according to a Treasury Department report Tuesday.”


National Debt Would Rise with Trump Proposals

$5.3 trillion

Amount that Donald Trump’s latest tax proposals would increase the federal debt over the next decade, compared with $200 billion if Hillary Clinton’s ideas were enacted, according to a new analysis from a nonpartisan group, the AP reports.


U.S. Debt Is Nothing Compared to Japan’s

1 quadrillion

Japan’s national debt, in yen, has passed ¥1 quadrillion for the first time. That’s more than twice the size of Japan’s GDP, and larger than the combined economies of Germany, France and the U.K.