US national debt level hits decade low; lack of overseas investment blamed

By in

More bad news for the Trump administration as the US existing account deficit for 2017 has been announced, has risen to USD $123B in the highest it’s been since 2008. Experts have attributed the rising debt levels to a USD $5B defaulting on the payment of fines for penalties. The Commerce Department also cited that exports of US goods fell, while US income from overseas investments contracted.