WebAnswer (1 of 16): Yes, Greece couldn't pay up when it's Bonds came up for redemption. Germany helped them out because they were members of the European Common Market. USA has 25 trillions worth of outstanding loans. It spends 9% of its federal tax income to service the debt. But no provision i... WebMar 20, 2024 · The U.S. government now owes over US $23.5 trillion in debt, or about $71,000 for every man, women and child living within its borders. It has risen $3 trillion …
When The U.S. Goes Bankrupt, Here
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WebJul 8, 2024 · The Congressional Budget Office projected in April 2024 that the deficit for Fiscal Year 2024 will be at least $3.7 trillion, or 17.9% of projected GDP, and it could be even larger if Congress... WebOct 19, 2012 · Of course it's going bankrupt. (Photo credit: Wikipedia) Does it seem that strange that governments can't run out of money? You don't have to take my word for it. How about Alan Greenspan? He... WebApr 12, 2024 · As of now, tax returns are still due on May 1, 2024, even if the CRA is on strike. For self-employed individuals who don’t owe taxes, you have until June 15th. If you have tax owings, your deadline is May 1, 2024. Given the CRA hasn’t made any announcements about shutting down NETFILE, file as soon as you can. morpeth road academy blyth