Lawlessness of Trump’s War in Iran
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Trump did not mention the national debt once during his State of the Union address on Tuesday night, and very few seemed to notice.
America has had gigantic budget deficits and debt that have been dangerous and ballooning for years, yet it’s only recently that they’re stirring alarm among voters in a big way. In the spring of 2025, a poll conducted by the nonpartisan Peterson ...
U.S. national debt has surged past $38 trillion, outpacing GDP growth and raising systemic financial risks. Fed and Treasury bond buybacks are temporary measures, failing to address the underlying debt-to-GDP acceleration. Foreign central banks now hold ...
According to the latest projections from the Congressional Budget Office, publicly held debt is currently at $31 trillion and is about 100% of GDP. By fiscal year 2030, debt is expected to exceed the 106% record set after World War II,
For years, warnings about government deficits and borrowing sounded abstract. It was an afterthought – something for TV pundits and bond traders. Now the numbers are big enough, and the interest bills high enough, that the issue is starting to look like ...