Is the U.S. Current Account Deficit At A Record High?
March 28, 2022“A measure of the nation's debt to other countries jumped 33% in 2021 to a record $8216 billion, largely reflecting unprecedented US trade deficits The debt More...
U.S. Budget Deficit Articles
Are Corporate Tax Payments Helping to Decrease The Wide Budget Deficits?
September 14, 2021“The numbers: The US federal budget deficit narrowed to $271 trillion in the first 11 months of the fiscal year, the Treasury Department said Monday This is down More...
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Is the US In Uncharted Debt Territory?
May 17, 2021President Biden on Wednesday pitched a new plan to Americans before a joint session of Congress: more spending “The just-released $18 trillion plan, presented More...
How much could US debt grow in the coming years?
March 8, 2021US debt on track to double by 2051, raising risk of financial crisis, CBO says “The federal debt is poised to double to 202% of gross domestic product over the More...
How much has the U.S. budget gap grown?
October 20, 2020US Budget Gap Tripled to Record $31 Trillion in Fiscal 2020, Treasury Says Spending soared 47% in year ended Sept 30 as government rolled out programs to battle More...
How Long Can This Record-Breaking Debt Last?
September 1, 20202020 Will Be A Record-Breaking Year For Debt How Long Can This Last The deficit narrowed during July after months of record shortfalls in federal tax revenues More...
Do deficits continue to matter?
July 1, 2020“Why deficits matter as much as ever During normal times, most people grasp what economists call “opportunity cost” If the government spends money, someone More...
What could rising deficits mean for the future?
June 1, 2020“Why Trump’s Soaring Deficits Don’t Matter Right Now Markets are correct in shrugging off any impact from soaring deficits under the Trump administration, More...
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U.S. Budget Deficit
Multiple news outlets have reported that the U.S. budget deficit could reach over $1 trillion in this new decade, and it is widely known that the U.S. debt is now at over $29 trillion. With so much deficit spending occurring, it is important to understand how precious metals play into the mix. Read more about the current federal budget deficit, US debt, and other related budget deficit news in the articles above.
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