A 'debt spiral' before a fiscal crisis: Interest on the national debt will be growing faster than GDP in just 5 years, think tank warns

The Committee for a Responsible Federal Budget sees a critical threshold crossing by 2031—and the consequences could be ...

The US just hit $39 trillion in debt. Here’s the constitutional fix that Congress won’t touch

It is time for a fiscal responsibility amendment to the United States Constitution.

US national debt breaches $39 trillion milestone for first time amid spending surge

U.S. national debt hits historic $39 trillion milestone, growing from $38 trillion in five months as deficits surge and ...
Opinion

Staggering U.S. deficits call for a debt-to-GDP limit

After all, it’s been normal for America to run up the federal deficit since the mid-1980s. In fact, it’s become normal for almost every developed country to carry burdensome debt. But what’s ...
Committee for a Responsible Federal Budget

CBO Projects Possible Debt Spiral, as R Exceeds G

Under CBO’s latest projections, the interest rate will exceed the growth rate (R>G) starting in 2031, when both are projected to total about 3.8% on a nominal basis and 1.8% on a real basis. Over time ...

‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt

The richest man in the world joins prominent financial leaders in supporting a plan to lower the deficit to 3% of GDP.
Naija Gist - Latest

Debt hits 88% of GDP in Low-Income Nations Developing Countries (LIDCs) - IMF

This was revealed in the institution’s recently published 2023 Global Debt Monitor report, titled "Global Debt Is Returning to its Rising Trend," which provides insights into the state of global debt.
Insider Monkey

25 Countries with the Highest Debt to GDP Ratios

In this article we are going to list the 25 countries with the highest debt to GDP ratios. The global fiscal landscape in 2026 is defined by a paradox: while the total volume of global debt has ...