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The national average for regular gasoline climbed to $4.55 a gallon on Friday -- up more than 50% since the war began on Feb. 28, according to CNBC.
Researchers say Americans have shelled out nearly $45 billion in extra fuel costs since the US and Israel launched their war on Iran in late February — and drivers are now staring down the barrel of … [+4060 chars]
Coverage is mostly measured — 25 of 33 reports stay neutral.
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Debt held by the public measures what the government owes to outside investors, while total public debt outstanding also includes intra-governmental holdings, which is money one part of the government owes to another.
The Congressional Budget Office identifies increased spending on Social Security and Medicare due to an aging population, alongside rising interest costs on existing debt, as the main drivers.
The current ratio has surpassed 100%, moving toward the all-time record of 106% set in 1946 following World War II.