Elon Musk's DOGE aims to cut $4T from the federal budget, but the $36T national debt remains a major challenge.
However, they will receive more money as time progresses because that interest is applied to a higher capital value. Australia’s debt to GDP ratio is assessed by the IMF at 41.6%. This is very low and ...
The Congressional Budget Office's base-case forecast sees the U.S. federal debt reaching 116% of GDP ... training and set aside tax cuts for the time being. Peter Morici is an economist and ...