national debt

The U.S. has been invariably accused of living beyond its means, and a report compiled by the World Economic Forum along with Visual Capitalist confirms the obvious.  Debt-Heavy The U.S. share of global debt is estimated at 31.8 percent, the most of any nation. This is about two...

To most Americans, a $21-trillion national debt and a $779-billion federal deficit may seem like they have no impact on day-to-day life. The more debt the U.S. racks up, the higher the chance that it could impact everyday Americans. The Numbers The latest U.S. budget deficit numbers are...

Starbucks Corporation (NASDAQ: SBUX) co-founder and ex-CEO Howard Schultz is retiring from his coffee chain ahead of what could prove to be a presidential campaign run. What Happened Schultz, 64, said he recognizes a major issue in the Democratic Party in that too many notable voices are "...

President Donald Trump seemed to waver last week on a couple of key official economic positions. Nonetheless, he maintained optimism that any remaining campaign promises will materialize. One by one we are keeping our promises - on the border, on energy, on jobs, on regulations. Big changes are...

Most Americans don't like having credit card debt, but a new survey says over half of U.S. citizens never carry cash, instead relying on credit and debit cards for everyday transactions and purchases. A survey of more than 2,300 American adults by UK-based Vouchercloud.net found 57 percent of...

Who takes the biggest cut of our tax money? The military, according to an infographic from the National Priorities Project. The average tax payer in the United States paid $11,715 in taxes in 2013, the research organization says. Each person gave about $3,174.25 for the military, which includes $...

United States national debt has exceeded $17 trillion, and two-thirds of the that is owed to the public, businesses and foreign governments, according to an infographic from accounting-degree.org. The infographic tries to put the national debt (a number difficult for some to fathom) into...

With the Senate's recent approval of the House-passed clean debt limit legislation, now might be a good time to define the debt ceiling (aka “debt limit”). The U.S. Treasury defines the debt limit as “the total amount of money that the United States government is authorized to borrow to meet...