National Debt - Page 2

The United Kingdom’s economic emergency is “just beginning”, according to Chancellor of the Exchequer Rishi Sunak, who predicted that unemployment will rise by over one million in the coming months.

The British government may need to increase taxes by over £40 billion per year in order to prevent the debt accrued during the China virus lockdowns from “spiralling upwards”, the Institute for Fiscal Studies (IFS) warned in a report.

LONDON (AP) — Britain’s government debt has breached the 2 trillion-pound ($2.6 trillion) mark for the first time after heavy borrowing to support the economy during the coronavirus pandemic.

During an interview aired on Wednesday’s broadcast of “PBS NewsHour,” Senate Majority Leader Mitch McConnell (R-KY) stated that there are about 20 Republican members of the Senate who believe that “we’ve already done enough” in terms of economic relief and who

On Friday’s “PBS NewsHour,” New York Times columnist David Brooks argued that debt and deficit concerns shouldn’t factor into debates about coronavirus aid. Brooks responded to a question on how much worries about the deficit should be part of the debate over

During an interview with House Speaker Nancy Pelosi (D-CA) broadcast on Friday’s edition of HBO’s “Real Time,” host Bill Maher expressed concern about the amount of money the government is spending due to the coronavirus pandemic and stated that “It

On Wednesday’s broadcast of the Fox News Channel’s “Hannity,” House Minority Leader Kevin McCarthy (R-CA) pushed for some economic reopening and expressed concern about the amount of debt Congress has taken on. Host Sean Hannity asked, [relevant exchange begins around

The CBO forecasts a $1 trillion budget deficit this year and an average of $1.3 trillion over the next ten years.

Alfredo Ortiz of Job Creators Network writes about the approaching $23 trillion federal debt and laments how no one seems to worry enough to do something about it. Ortiz suggests only a constitutional amendment will fix the problem.

The CBO said it expects interest rates to be lower than it projected last year but even in the short term, its forecast is too high.

Populist columnist Daniel McCarthy says the future of Western Civilization is vastly more fundamental to the American nation than economic libertarians’ worries over Social Security and Medicaid funding.

Congressman Alexandria Ocasio-Cortez’s (D-NY) radical Green New Deal would cost over four times the national debt, according to a study released on Monday.

The First Step Act could be the beginning of a joint effort to address challenges that have ready solutions but that, because of their political difficulty, need bipartisan support to pass.

Director of National Intelligence Dan Coats warned the Senate Intelligence Committee on Tuesday about the risk posed by the national debt.

The United States Treasury Department revealed new estimates last week that show the country set to double borrowing in the current fiscal year, a total $995 billion that would nearly double last fiscal year’s $519 billion.

On Friday’s broadcast of CNN’s “New Day,” Senator Richard Blumenthal (D-CT) argued the GOP tax bill threatens national defense because it creates trillions of dollars in debt. Blumenthal said, “It’s extremely complex. And it does, in fact, as I think

The Trump administration removed an under-utilized Capital Bikeshare station within the White House security perimeter this week, according to a spokesperson for the District of Columbia’s transportation department.

Senator David Perdue (R-GA) joined SiriusXM host Alex Marlow on Wednesday’s Breitbart News Daily to talk about delaying the August recess so Congress can work on vitally needed legislation, prominently including the Obamacare repeal and replacement bill.

Rep. Mo Brooks (R-AL) told SiriusXM host Alex Marlow of Breitbart News Daily on Friday morning that he expects a vote on the House Obamacare replacement bill, the American Health Care Act (AHCA), the same day. Brooks is opposed to the bill.

Colorado Republican Rep. Ken Buck just dropped a funny-smart video about paying off the national debt featuring some of the most popular Capitol Hill Republicans, including Texas Sen. Ted Cruz, Utah Sen. Mike Lee, Rep. Mia Love, and South Carolina Rep. Trey Gowdy.

Politifact called President Trump’s deficit reduction efforts “mostly false” — while admitting that the statistics he used to make the point were factual.

One of Joe Biden’s last official acts as vice president was to attend the World Economic Forum in Davos, Switzerland. Speaking at the forum on January 18th, Biden warned the democratic world order is at risk of collapse.

President Obama has spent his final months in office giving juvenile speeches full of excuses for why nothing bad since 2009 was his fault, while everything good was his personal handiwork. In truth, everyone paying attention can see the signs of a diminished America. A new Gallup poll finds Americans believing their country slid backwards in 14 out of 19 policy domains, with the worst deterioration in the national debt, crime, income inequality, and race relations. Here is the state of America after eight years of Obama.

The debt at the end of 2016 was $19,976,826,951,047.80, a one-year increase of $1,054,647,941,626.91.

Beijing is no longer America’s top creditor, ceding that position to the government of Japan after selling $41.3 billion of its U.S. Treasury holdings in October.

At a press conference in Greece one week after the American voters rejected his legacy at the polls by picking Donald Trump over Hillary Clinton, President Obama defended his record, saying that people think he “did a pretty good job” as president.

Democratic presidential nominee Hillary Clinton said during the third presidential debate in Las Vegas on Wednesday that she “will not add a penny to the debt” if elected president.

GOP frontrunner Donald Trump hinted that if he were elected president, he would replace Federal Reserve Chair Janet Yellen.

Jeffrey Lord, contributing editor to the American Spectator and a CNN political commentator, joined Breitbart News Daily with host Alex Marlow on Tuesday morning to discuss the race for the Republican presidential nomination between Donald Trump and Ted Cruz, and

Sen. Ted Cruz calls “economic growth” the number one tool in the fight to stop the rapidly increasing federal debt.

GOP frontrunner Donald Trump said he would wipe out the United States debt in just eight years.

The Federal Reserve is dealing financial drugs and endangering the world economy by creating a bond bubble of epic proportions.

Financial analyst and Fox News contributor Gary Kaltbaum was not impressed with Federal Reserve chairwoman Janet Yellen’s congressional testimony this week.

Financial manager Ed Butowsky appeared on Breitbart News Saturday to discuss the latest economic news, criticizing the “complicit media” for slanting its reporting on jobs to favor the Obama Administration.

Gary Kaltbaum, president of Kaltbaum Capital Management and a Fox News contributor, appeared on Breitbart News Saturday to discuss the state of the economy. He advised against buying into the media spin that recent economic news has been good for the Obama legacy.

GOP presidential candidate Donald Trump proposed tackling the national debt by doing “the right job” purchasing drugs for Medicare and creating a “dynamic economy” on Friday’s “O’Reilly Factor” on the Fox News Channel. When asked why the national debt was