Friday, August 7, 2026
No Result
View All Result
NewsWave
  • Home
  • World
  • USA
  • Business
  • Sports
  • More
    • Entertainment
    • Technology
  • Pricing
  • Login
  • Home
  • World
  • USA
  • Business
  • Sports
  • More
    • Entertainment
    • Technology
  • Pricing
  • Login
No Result
View All Result
NewsWave
No Result
View All Result
Home World USA

Shocking government report reveals national debt crisis grew much worse under Biden

19 February 2025
in USA
Shocking government report reveals national debt crisis grew much worse under Biden
Share on FacebookShare on Twitter



A new report by the Congressional Budget Office reveals that America’s debt crisis has worsened under President Joe Biden, with projections showing skyrocketing government spending and deficits over the next decade. The CBO estimates that annual spending will reach $10.73 trillion by 2035, and the budget deficit will soar to $2.7 trillion. Interest payments on the national debt are projected to reach $1.78 trillion by 2035, more than any other federal program. To prevent further economic crisis, the Trump administration and Congress must slash spending or increase taxes, as highlighted by recent efforts to cut government waste led by Elon Musk and the Department of Government Efficiency.

Full Article

🌊 Diving deeper into this topic...

🪄 Creating a simple explanation...

PerspectiveSplit
Beta
◀ Left Center Right ▶
Bias score — Tidal Access only

Left-Leaning
Right-Leaning
AI Summary
Upgrade to Tidal Access
Tags: BidenCrisisDebtgovernmentGrewNationalreportrevealsShockingworse
Previous Post

Dominican officials cram thousands of inmates facing no charges into overcrowded prisons

Next Post

Bookstore raids in Kashmir by police prompt widespread criticism

Related Posts

USA

DHS moves to revoke green cards after Connecticut home invasion

7 August 2026
Asia Pacific

Trump to Announce $180 Million Investment in Mining Education Programs

7 August 2026
USA

July jobs report shows loss of 23,000 jobs, falling short of forecasts

7 August 2026
Business

Warren Urges U.S. Companies to Share Billions in Tariff Refunds with Customers

7 August 2026
USA

DOGE’s $110B savings claim found to be inflated and inaccurate

7 August 2026
Trending

Two Bodies Found in Yard of Missing Family, Son Believed to Have Fled US

7 August 2026
ADVERTISEMENT
NewsWave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Latest News
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • Trending
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Reasons for Inadequate Wildfire Preparedness
  • Anthony Bourdain’s Story at Age 19 Explored in New Movie
  • DHS moves to revoke green cards after Connecticut home invasion
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2026 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • More
    • Entertainment
    • Technology
  • Pricing
  • Login

Copyright © 2026 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In