WebNov 4, 2024 · Our deteriorating fiscal position is one of very few challenges large enough to threaten ruin for the United States. And it threatens on two fronts. First, as the national debt grows, so too will ... WebJan 23, 2024 · Recent Debt Ceiling History . The debt ceiling was reached again on Jan. 19, 2024, when the national debt crept above $31.4 trillion. It was set in December, 2024, when the debt ceiling was raised by $2.5 trillion. Until Congress increases the debt limit, the Treasury Department must rely on "extraordinary measures" to meet the government's …
US national debt: An unsustainable trajectory - American Thinker
WebJan 5, 2024 · As of January 2024, the U.S. national debt has surpassed $27 trillion. In 2000, the national debt was only $5 trillion. Even more ominous is the current U.S. debt to GDP ratio, which has ... WebMar 7, 2024 · March 7, 2024. WASHINGTON — The U.S. economy could quickly shed a million jobs and fall into recession if lawmakers fail to raise the nation’s borrowing limit before the federal government ... childre ford
The Debt Fight Shows the U.S. Is Politically Bankrupt - The Atlantic
WebJan 26, 2011 · The United States government has four interrelated motivations for destroying the value of the dollar: 1. Creating money out of thin air on a massive basis is all that stands between the current state of hidden depression, and overt depression with unemployment levels in excess of those seen in the US Great Depression of the 1930s. 2. WebRT @SpiritAvenged: China is dumping their US debt and sheltering in gold. Not because they want to destroy the dollar or are particularly bullish on metals. But because they know war is coming, and have learned from the Russian asset thefts to never hold foreign debt of those you will be fighting. 14 Apr 2024 00:55:18 Webbreaking news 991 views, 39 likes, 10 loves, 6 comments, 10 shares, Facebook Watch Videos from Khanta: Indictment BACKLASH as Trump SURGES to Biggest... child reform labor act