The U.S. federal debt has now passed $37 trillion and is growing at the rate of $1 trillion every five months. Interest on the debt exceeds $1 trillion annually, second only to Social Security…| WEB OF DEBT BLOG
Tristin Hopper: In 2024/25, the federal government alone spent a record $53.8B on debt interest — more than the $52.1B it paid to the Canada Health Transfer| National Post
Reading Time: < 1minuteDisponible en français. This HillStudy consists of a series of questions and answers intended to provide a better understanding of economic statistics and federal government finances. It covers such topics as the following: production: gross domestic product (GDP); inflation: consumer price index; nominal and real... Read More › The post Executive Summary – Federal Government Finances: Questions and Answers appeared first on HillNotes.| HillNotes
The U.S. national debt just passed $36 trillion, only four months after it passed $35 trillion and up $2 trillion for the year. Third quarter data is not yet available, but interest payments as a percent of tax receipts rose to 37.8% in the third quarter of 2024, the highest since 1996. That means interest is eating up over […]| WEB OF DEBT BLOG
Image by Julya via Adobe Stock DAVID KORTEN, PhD | May 6, 2025 The federal debt is soaring, now well over $34 trillion and growing. Politicians from both parties talk about slashing essential services or cutting Social Security to “bring the debt under control.” That talk, and the| David Korten
Explore recent Fiscal Monitor data to better understand recent developments in public finances and see where we may be headed.| Finances of the Nation -
This post summarizes the latest Fiscal Monitor data to help Canadians better understand recent developments in public finances. In addition, we use the monthly data to construct projections for total federal revenue, expenses and the budget balance by the end of the fiscal year.| Finances of the Nation -
This post summarizes recent developments in the Fiscal Monitor data to help Canadians better understand recent developments in public finances. In addition, we use the monthly data to construct projections for total federal revenue, expenses and the budget balance by the end of the fiscal year.| Finances of the Nation -
