US National Debt Now Surpasses $37 Trillion Milestone
13 Articles
13 Articles
The National Debt Just Eclipsed $37 Trillion: Here’s What We Should Do About That
The simple truth is that the federal government does not have a revenue problem. It has a spending problem. The government is involved in far too many things and lacks a sensible budget process. The inevitable result is a government that simultaneously overspends and underdelivers.
Washington. The U.S. government’s gross national debt exceeded $37 trillion, a record figure that highlights the rapid increase in the liabilities of the world’s largest economy, leading to increased pressure on taxpayers.
The US debt exceeded $37 trillion years earlier than had been projected before the pandemic.
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium