With interest costs outpacing defense spending, this piece will help journalists understand the public debt and explain it to ...

The rise of the federal debt over the past two decades has prompted countless warnings that the United States is approaching ...

A new analysis showing the legislation would be far more expensive than the House version could complicate its chances of ...

T he United States’s debt limit permits the federal government to spend money it does not have to pay its bills. The debt limit was suspended in mid-2023 through Dec. 31, 2024, allowing the ...

The national debt rises when the United States spends more than it earns from taxes and other revenue. ... Definition and Example. 5 Foreign Countries That Own the Most U.S. Debt.

Last week, the credit rating of the United States was downgraded. Moody’s, the ratings firm, announced that the U.S. government’s rising debt levels will grow further if the Trump Republican ...

It is now a tradition in the United States Congress that whenever the new national budget and the national debt limit come for approval, politics get mixed up with economics. In 2007-08, when the ...

The United States’s debt limit permits the federal government to spend money it does not have to pay its bills. The debt limit was suspended in mid-2023 through Dec. 31, 2024, allowing the ...