The Congressional Budget Office’s (CBO) latest budget and economic outlook includes a troubling projection for net inte ...

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

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

Fiscal hawks warn that deficits produce higher inflation rates and higher interest rates that harm the poor the most.

A financial watchdog group is warning that the U.S. debt could 'explode' if tax policies under discussion in the White House ...

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

Rising deficits and interest costs impede economic growth and undermine global trust in the dollar.

A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...

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 ...

Bankruptcy is a serious decision with long-lasting consequences. Before taking that step, explore these six alternatives.

CBO also projected that the cost of interest payments alone on the national debt will rise to 4.1% of GDP by 2035, well ...

Credit counseling and debt relief are both worth considering, but one may be better than the other. Here's why.