Tennessee Conservative
One Of The Top International Credit Rating Agencies Has Downgraded The United States Government’s Credit Rating From The Highest Level Of AAA Down One Tier To AA+, A Serious Economic Signpost As U.S. Debt Continues To Soar And Deficits Remain Elevated.
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The Biden Administration On Friday Released Its Budgetary Data For The Last Month Of Fiscal Year 2022 Which Showed The U.S. Government Ran Up A Roughly $1.4 Trillion Deficit. That Is An Average Of Nearly $120 Billion In Added Debt Every Month.
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Federal Debt Will Nearly Double The Nation’s Gross Domestic Product By 2052 If It Continues On Its Current Trajectory, The U.S. Congressional Budget Office Says In Its Economic And Debt Forecast Released Wednesday.
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As Inflation Continues To Soar, Small Businesses Are Growing Increasingly Worried About Their Ability To Survive In This Economy.
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