Washington Free Beacon

National Debt

Warren Predicts Impending Economic Crash

'When I look at the economy today, I see a lot to worry about again'


Sen. Elizabeth Warren (D., Mass.) on Monday warned that the country faces an imminent economic crisis if the government fails to quickly pass legislation to "regulate the financial sector and significantly reduce middle class household debt."

Federal Debt Held By Public Now At Highest Level Since World War II

Growing budget deficits will push debt to reach 150 percent of GDP by 2047


Federal debt held by the public is set to hit 77 percent of gross domestic product by the end of this year, the highest level seen since shortly after World War II, according to the Congressional Budget Office’s 2017 long-term budget outlook.