LND topic: national-debt page 1

national debt

Unbelievable Ways Your Tax Dollars Are Being Spent

December 29, 2025

The government's spending habits are truly mind-boggling. In the past year alone, a staggering $1. 63 trillion of taxpayer money was spent on a mix of essential and downright bizarre projects. A significant chunk of this, $1. 22 trillion, was just to cover the interest on the national debt. That's a

finance

Governments Eyeing Private Wealth to Tackle Debt Crisis

December 1, 2025

Governments around the world are facing a tough situation. They owe a lot of money. This is making them think about new ways to get funds. One idea is to use the wealth of private individuals. Economists are talking about this a lot. They say that governments might offer special deals. For example,

finance

The U. S. is spending its savings like there's no tomorrow

November 13, 2025

The U. S. is in a tough spot. It's spending more than it has, and the debt is piling up. Right now, the country spends about $1 trillion every year just to pay the interest on its debt. That's more than what it spends on defense. Economists say this is a big problem. They warn that the solutions tha

politics

The Financial Math Behind Trump's Tariff Plan: A Closer Look

November 11, 2025

A recent proposal by a prominent political figure involves using tariff money to send out annual checks to people. The idea is to give everyone $2, 000 each year, but not to those with high incomes. This plan is similar to the stimulus checks given during the COVID-19 pandemic. However, experts are

health

Medicare to Cover Weight Loss Drugs: A $35 Billion Deal

November 7, 2025

A recent deal will allow Medicare to cover weight loss drugs, but it comes with a hefty price tag. The prices for drugs like Ozempic and Wegovy will drop significantly when bought through Medicare and Medicaid. Ozempic will cost $350 per month instead of $1, 000, and Wegovy will be $350 instead of $

finance

Why the National Debt Should Worry Us All

August 10, 2025

The national debt is a hot topic, and for good reason. It's growing, and that's a problem we can't ignore. Mary Childs, a journalist from Planet Money, recently shared her thoughts on why we should be concerned about this issue. In a recent discussion, Childs joined a panel that included Felix Salm

politics

Trump and Musk's Public Feud Heats Up Over Government Spending

July 1, 2025

President Donald Trump recently took to Truth Social to criticize Elon Musk, suggesting that the Department of Government Efficiency (DOGE) should review the subsidies given to Musk's companies. Trump claimed that Musk receives more subsidies than anyone in history and that without them, Musk's busi

politics

Trump's Big Bill: A Budget Battle Brewing

May 25, 2025

The political scene in the US is heating up as some Republicans in the Senate are pushing back against the president's spending plans. They want to see serious cuts to government spending and a reduction in the national debt. If they don't get what they want, they're threatening to block a major tax

finance

Nigeria's Private Sector: The Key to Tackling Debt and Boosting Business

March 21, 2025

Africa's most populous nation, Nigeria, is grappling with a significant national debt. This is not just a government issue. It also affects the private sector, which is crucial for the economy. The private sector is the engine of growth. It creates jobs and drives innovation. However, it faces many

finance

Scott Bessent Warns: U. S. Facing Spending Crisis

January 17, 2025

At his Senate confirmation hearing, Scott Bessent, President Trump's pick for the Treasury, revealed a worrying trend in the U. S. economy. he doesn't think America has a revenue problem, but rather, a severe spending issue. Bessent explained that this very problem prompted him to leave his quiet jo