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Bookmark or Share- Here's when the debt-limit crisis gets increasingly riskyThe U.S. will default on its $31.4 trillion debt this year if Congress doesn’t raise the nation’s borrowing cap. But when, exactly? That’s harder to answer.
- What is the debt ceiling? What happens when US reaches limit - USA TODAYLast year, a stalemate between President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck,...
- US national debt hits record $34 trillion | AP News - Associated Press NewsWASHINGTON (AP) — The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political and economic challenges to improve America’s balance sheet in the coming years.
- The world is sitting on a $91 trillion problem. ‘Hard choices’ are ...In France, political turmoil has exacerbated concerns about the country’s debt, sending bond yields, or returns demanded by investors, soaring. The first round of snap elections Sunday suggested...
- Global debt is at $307 trillion. Why does it matter ... - World ...In 2021, global debt reached a record $303 trillion, a further jump from what was record global debt in 2020 of $226 trillion, as reported by the International Monetary Fund (IMF) in its Global Debt Database. This was the biggest one-year debt surge since the Second World War, according to the IMF.
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