CBO projects US will add $19 trillion to the national debt in the next decade
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CBO projects US will add $19 trillion to the national debt in the next decade

ByNews Polite

The US is on target to eclipse previous economic forecasts and add a staggering $19 trillion to the national debt in the next 10 years, according to the nation’s budget scorekeeper.  In a report released on Wednesday, the Congressional Budget Office warned that one way or another, through tax hikes…

New York has fourth-highest household debt in US — and it’s rising
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New York has fourth-highest household debt in US — and it’s rising

ByNews Polite

New York state residents have the fourth highest personal household debt in the country — and the burden is only growing heavier, according to a recent government report. The office of Comptroller Thomas DiNapoli released a report this week indicating that New Yorkers were carrying an average household debt of…