US National Debt Surpasses $36 Trillion Amid Fiscal Crisis
TL;DR Summary
The US national debt has increased significantly over the past two decades due to major policy decisions including tax cuts, wars, expansion of Medicare, responses to the financial crisis and COVID-19, and recent spending agreements, with the debt now exceeding $36 trillion.
Topics:business#bush-tax-cuts#covid-19-pandemic#economy#national-debt#us-debt#wars-in-iraq-and-afghanistan
- See how the national debt grew to more than $36 trillion The Washington Post
- How the U.S. Government Borrows to Fund Its Massive Budget Shortfall WSJ
- National debt is a crisis. Congress must take it seriously Dallas News
- US fiscal policy is going off the rails — and nobody seems to want to fix it Financial Times
- How to Dramatically Reduce the Deficit, If You Have the Political Will National Review
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