Trump will face at least three economic challenges during 2025: a possible resurgence of inflation, surprisingly high interest rates, and a gigantic national debt that’s finally starting to vex ...
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Fact-checking our national debt
OUR national debt stood at P15.19 trillion ($273.9 billion) since October 2024. The country's gross domestic product (GDP) is ...
The jobless rate soared to 14.8% at the height of the pandemic, but, by the time Biden took office, it had dropped to 6.4%. It then fell steadily to 3.4% by 2023 as the U.S. recovered fully from the ...
The national debt is expected to rise by $23.9 trillion over the next decade, a sum that does not include trillions of ...
The country’s debt is estimated to surge by 12 percent to finance the fiscal gap and hydropower loans in this fiscal year 2024-25, the finance ministry has estimated. In absolute figures, the debt is ...
As President-elect Donald Trump prepares to take office, the U.S. government’s fiscal health is bleak, Congress’s nonpartisan ...
The nonpartisan Congressional Budget Office released its latest 10-year budget outlook, which projected the U.S. is on track ...
Projections show steady budget deficits exceeding 5% of GDP, even assuming that the bulk of the 2017 tax cuts expire.
Scott Bessent's wise comments on tariffs, taxes, spending, and debt calmed investors and sent markets soaring.
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and ...
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the ...