Why is DOGE needed? Because politicians and bureaucrats left to themselves have talked a lot and done little or nothing to staunch the red ink.

However, looking at the numbers, it might still not be enough to positively affect the US debt. Let’s put aside the question of whether Musk’s efforts are legal. What about national debt?

The Congressional Budget Office's long-term budget outlook shows deficits widening in the years ahead, driven primarily by ...

Should that debt materialize, it could risk America's economic standing in the world. "America’s fiscal outlook is more dangerous and daunting than ever, threatening our economy and the next ...

according to statistics from the US Debt Clock service. The service's database shows $36 trillion in the "total national debt" column as of November 15. This is a record figure. In early January ...

The challenge is that the U.S. has to pay interest on its debt, which is increasing yearly. The Congressional Budget Office ...

The consequences of failing to raise the debt ceiling are astronomical and could cause the government to miss payments on its ...

The federal government could default on its debt as soon as July, a new forecast from the Bipartisan Policy Center warns, raising pressure on Congress for action. The prominent think tank forecast ...

The Congressional Budget Office estimated that the U.S. faces the risk of defaulting on its debt in August or September if ...

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Roughly three out of four American households carry some kind of debt. The Federal Reserve’s Survey of Consumer Finances found that in 2022, 77.4% of U.S. families held debt, with the median ...