Federal Debt - Khabar Asia

U.S. Budget Deficit Hits $1.8 Trillion in Fiscal 2024, Third-Highest in History

My News2024-10-2103 mins

The U.S. budget deficit surged to $1.833 trillion in fiscal 2024, becoming the third-largest in history, with interest costs on federal debt exceeding $1 trillion for the first time.

Wall Street vs. Main Street: Unveiling Imbalances in America’s Political Economy

My News2024-07-3104 mins

America’s federal debt surpasses $35 trillion, highlighting deep imbalances in the political economy. Explore the implications for the U.S. and Asia.