January 27, 2025
Always a challenge, the U.S. deficit is a problem for the Congress because we will soon hit the debt ceiling again.
Always a challenge, the U.S. deficit is a problem for the Congress because we will soon hit the debt ceiling again.
Especially with higher interest rates, and spending from the Trump and Biden administrations, the U.S. debt is at worrisome levels.
During two dates in December, we can worry about federal spending and debt and who won't get a check from the U.S. government.
At $1 trillion, the ballooning U.S. deficit can be understood as a number, as a proportion of the budget, and the reason we owe China so much money.