The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Aug 12, 2026
· 6 min read
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The United States is headed for a fiscal cliff
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Rolling outlet bias
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Article Excerpt
OPINION
The United States is headed for a fiscal cliff
ANDREW COYNE
PUBLISHED 2 HOURS AGO
47 COMMENTS
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In the time it takes you to read this column, the United States will add another US$20-million to its national debt. By the end of the day, it will be nearly US$9-billion more than it was yesterday; in a week, US$60-billion, more than the government of Canada borrows in a year.
The annual U.S. federal budget deficit is now running at close to US$2-trillion: nearly …
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