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With interest costs outpacing defense spending, this piece will help journalists understand the public debt and explain it to ...
The Treasury Department faces the challenge of refinancing $11 trillion in U.S. debt within a year as President Trump calls ...
The U.S. will pay $1 trillion in interest on the $36 trillion national debt next year, more than it spends on Medicare and ...
The average taxpayer’s piece of the $37-trillion federal debt is about $240,000, or six years of the median income.
As Elon Musk argues, rising national debt and debt servicing costs are curtailing the growth prospects of the U.S. economy.
Ray Dalio, Ken Rogoff, and Niall Ferguson are among those who are worried about a potential meltdown.
The United States on Friday reached $37 trillion in debt, less than a year after it surpassed $36 trillion .
President Trump is pushing the Federal Reserve to go beyond its legal mandate and help him manage the national debt as ...
Sen. Cynthia Lummis (R-WY) teamed up with Sen. Rick Scott (R-FL) to introduce the Pay Down the Debt Act, which would allow states and local governments to return unused grant dollars to the federal ...
“The term ‘debt’ means any obligation or alleged obligation of a consumer to pay money arising out of a transaction in which ...
Like deferred maintenance on the Gay Street bridge, the national debt won’t become a problem until it does – which elected officials hope happens long after they leave office. This year, interest on ...
The more Republicans insist that their far-right legislation would shrink the deficit, the more the CBO's arithmetic points ...