If the U.S. government were a private-sector company, it would have filed for bankruptcy long ago to wash away its debt. But ...

What’s true about individual saving is true about government savings. No act of parsimony shrinks the size of government ...

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

Politicians are reflections of their electorates, and we the people are not ready for any pain. If our voters can begin to ...

Austerity sounds like it should be about governments cutting costs and spending less. But it’s more about who controls ...

Nearly a month after their initial social media bluster, Elon Musk reignited controversy by renewing his criticism of U.S.

The average taxpayer’s piece of the $37-trillion federal debt is about $240,000, or six years of the median income.