The debt ceiling is the legal limit on the total amount of federal debt that the US government can have outstanding. Read ...

The country risks an economic "heart attack" if lawmakers are unable to reel in the national debt, warns one hedge fund ...

This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...

President Donald Trump has pursued a radical overhaul of the U.S. government since taking office on January 20, aiming to ...

Rep. Marjorie Taylor Greene offered this opening statement as she chaired the first hearing of the House DOGE Committee: REP.

In a recent discussion, Elon Musk highlighted a critical fiscal issue: the United States' interest payments on its national debt have now surpassed the entire Defense Department budget. He emphasized ...

The share of outstanding US consumer debt that’s in delinquency rose in the fourth quarter to the highest in almost five years, according to a Federal Reserve Bank of New York report.

A newly introduced bipartisan bill in Congress would require the U.S. Congressional Budget Office to include the cost of interest payments when calculating the cost of ...

Speaking to reporters for the first time since he took charge of the Trump administration's cost-cutting initiative, Elon ...

Republicans are betting trillions on the hope that the economy will grow fast enough to cover their deficit spree.

The United States ... has too much debt and must borrow to service it. According to Dalio, investors are acutely aware of this, which is causing credit to get worse and interest rates to increase.

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