The gap between US federal spending and tax revenue is currently bigger, as a share of gross domestic product, than it’s ever ...
The latest revision for U.S. Q2 GDP came in at 1.6%, which was higher than the 1.3% reading expected by consensus, but well below the 2.4% value previously reported by the government. Thing is ...
Most private analysts see an extension as likely. Total US government debt held by the public is projected to reach 107 per cent of GDP by 2029, exceeding the 106 per cent record set in 1946 ...