Category: national debt

Fed’s Powell Says Current US Debt Level Is ‘Very Sustainable’

WASHINGTON—Federal Reserve Chair Jerome Powell on April 14 pushed back on warnings about a rising federal budget deficit and national debt due to aggressive fiscal response to the pandemic and said the “current level of the debt is very sustainable.” “There’s no question of our ability to service and issue that debt for the foreseeable…


The Nation Speaks (April 10): Time to Worry Yet About the Debt?; Critical Race Theory Creeps Into Classrooms; ‘Roe v. Wade’ the Movie

The spending spree continues in Washington, D.C., with each new spending bill over the last year costing in the trillions. When the government spends dollars that it doesn’t have, it adds to the ballooning national debt. But how many of us think about how the debt impacts our own lives? Our two guests do think…