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USA: Debt ceiling likely to rise to USD 40 trillion \ stacker news ~news

Summary by Stacker News

The USA is on the verge of raising the so-called debt cerling by 4 trillion dollars to 40 trillion to prevent a government shutdown. This would double the federal debt over the past eight years. It turns out that, despite all of DOGE's efforts, the attempt to consolidate public finances seems doomed to failure when the national debt-to-GDP ratio has reached over 80%, which in the US has shot far above that level. In the end, as planned, the debt…

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USA: Debt ceiling likely to rise to USD 40 trillion \ stacker news ~news

The USA is on the verge of raising the so-called debt cerling by 4 trillion dollars to 40 trillion to prevent a government shutdown. This would double the federal debt over the past eight years. It turns out that, despite all of DOGE's efforts, the attempt to consolidate public finances seems doomed to failure when the national debt-to-GDP ratio has reached over 80%, which in the US has shot far above that level. In the end, as planned, the debt…

13 days ago

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Stacker News broke the news in 13 days ago on Thursday, March 27, 2025.

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