The U.S. is once again on the precipice of default on its national debt—not because of a fundamental inability to generate and collect tax revenues (a la Greece), but because of political shenanigans over the country’s debt ceiling.
The rate of growth of the U.S. federal government’s debt load has slowed of late, but its level remains high.
The U.S. is once again on the precipice of default on its national debt—not because of a fundamental inability to generate and collect tax revenues (a la Greece), but because of political shenanigans over the country’s debt ceiling.
The rate of growth of the U.S. federal government’s debt load has slowed of late, but its level remains high.