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