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2 days ago · As of July 20, 2020, debt held by the public was $20.57 trillion, and intragovernmental holdings were $5.94 trillion, for a total of $26.51 trillion. [19] Debt held by the public was approximately 77% of GDP in 2017, ranked 43rd highest out of 207 countries. [20]
May 16, 2024 · According to the Congressional Budget Office (CBO), the budget deficit will rise from $1.6 trillion, or 5.6% of GDP, in fiscal year 2024 to $2.6 trillion, or 6.1% of GDP, in 2034. Meanwhile, the budget deficit in 2020 was about $3.1 trillion, the largest in U.S. history. The national debt was at $33.2 trillion when fiscal year 2023 ended on ...
- Kimberly Amadeo
May 23, 2024 · 2020 in the United States. Events from the year 2020 in the United States . January 3 — A U.S. airstrike near Baghdad International Airport kills Iranian military general Qasem Soleimani, fueling the Persian Gulf crisis. [1] [2] January 16 – The impeachment trial of the President of the United States, Donald Trump, starts in the U.S. Senate. [3]
5 days ago · 2020 Atlantic hurricane season. The 2020 Atlantic hurricane season was the most active Atlantic hurricane season on record, in terms of number of systems. It featured a total of 31 tropical or subtropical cyclones, with all but one cyclone becoming a named storm.
May 26, 2024 · The Strange Ups and Downs of the U.S. Economy Since 1929. The GDP growth rate shows whether the country’s economy is flourishing or floundering. A negative growth rate indicates contraction. Real GDP takes into account inflation, so you can compare the GDP of different years. Nominal GDP reflects the prices for the year in which the goods ...
- Kimberly Amadeo
May 17, 2024 · In the 2020 presidential election, President Donald J. Trump faced off against Democratic challenger Joe Biden. This election occurred in the midst of the COVID-19 pandemic, with results taking longer to be tallied and with disputes over the results in many battleground states, including accusations of vote tampering and of the election being ...
5 days ago · United States presidential election of 2020, election, held during the global coronavirus pandemic, in which Democrat Joe Biden, formerly the 47th U.S. vice president, defeated the incumbent president, Republican Donald Trump, to become the 46th U.S. president.
