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US Government Fiscal Mess: Debt, Deficit, Interest Payments, and Tax Receipts: Q4 2024 Update on an Ugly Situation

March 27, 2025 Mariel Alumit

The Deficit-to-GDP ratio and Debt-to-GDP ratio get even uglier. By Wolf Richter for WOLF STREET. To what extent do interest payments that the US government pays on its ballooning and gigantic debt eat up tax receipts? That is […]

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Aljazeera International

House passes stop-gap bill to avert US government shutdown

November 15, 2023 Mariel Alumit

News|Politics The United States’s House of Representatives has passed a temporary spending bill to avert a government shutdown that could have left as many as 1.5 million public workers without pay. The legislation, which would […]

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